Apr. 20, 2022
To whom it may concern, This proposed rule puts the entire concept of security ownership at risk. Allowing bad actors to offset the obligation of a short "SFT" with another short "SFT" enables repeated short selling without ever acquiring the shares needed to close the transaction. As a result, naked short selling (a practice that can lead to massive market instability and recession) is effectively legalized. This is an unacceptable blow to the free market, and cannot be allowed to pass. Please make sure it is withdrawn. Sincerely, Alex H