Apr. 20, 2022
I am writing this email to voice my concern about how this proposal, if enacted, would actively incentivize fraudulent market behavior by opening up a loophole in which covering Failed To Deliver Shares would no longer be reflected in the price of a security. The changes in this proposal can and will be abused by bad actors in an effort to further negate accurate price discovery, to the great detriment of all retail investors. Furthermore it will encourage actors acting in good faith to join in fraudulent activities or risk losing premiums. Do not let this pass. Thank you