Apr. 20, 2022
As an individual retail investor, this rule that would allow for Fail To Deliver(FTD) to not have to be bought on the open market to settle, but rather be settled with a SFT, would greatly harm all retail investors. Please SEC do not allow SFTs (Security Financial Transactions) proposed in this rule, to create new and potentially endless layers of can-kicking to be allowed, whereby the very real financial obligations of the FTDs get passed along from one to the other instead of settled. Combined that with the abusive naked short selling that runs rampant in our markets and it will without a doubt harm all retail investors and majorly suppress price discovery for our companies we invest in. Please don’t give retail the short end of the stick, again. Sincerely, Rio Franco Sent from my iPhone