Apr. 20, 2022
SEC Team, I urge you to withdraw this proposed rule on the basis that it further curtails my ability as a retail investor to engage in a fair market by allowing infinite FTDs by illegal naked short sellers. What ever happened to simply buying stock in a company you believe in and taking part in that company's genuine success or failure? Why must markets be purposely complex to make it so difficult for legitimate price discovery to happen? When will you step up and protect people like me who work hard to be able to invest their meager savings in whichever company they choose simply trying to share a piece of the American dream? How do you think my bank would react if I FTD a few mortgage payments because I failed to locate the money and instead offered an IOU scheduled for a later date, then when that IOU came due I offered a new one to replace it dated out even further? I wouldn't have a roof over my head for long. Luckily I have a moral compass and I actually want to fulfill the contract I agreed to. The way I see it is there are two sides to every bet and as a retail investor, both sides are losing sides. Please fix that. It is your job after all. Sincerely, Matt Shaul