Apr. 20, 2022
Hello, I am a retail investor from Maryland. My thoughts on this proposed rule are that this is extremely unfair. This rule is a slap in the face to fair market mechanics and gives unlimited power and scope to bad actors who abuse such mechanics. it is set in place to "alleviate fail to deliver" but inaction does nothing to eliminate them, and in effect protects the action of naked short selling which is ALREADY ILLEGAL. this rule leverages the complexity of financial vehicles to put power in the hands of institutions, effectively safeguarding them against their own bad bets. Passing this new rule would only further deteriorate the public's faith in an American "free and fair market" I urge you to withdraw this proposal immediately -- Chris Alvarez 240-603-4045