Apr. 20, 2022
Hello, This proposed rule is in direct conflict of the purpose of the SEC and protecting investors from careless trading that has a drastic influence on the market. This rule is enabling the reckless lending and gambling that has infested the market over the past 2 decades. By allowing continuous lending through complicated vehicles difficult for most investors or securities enforcers to understand, true price discovery and valuation of hard working companies is instead replaced with a price based on algorithms and not true supply and demand. This rule is unacceptable in keeping this market free and fair and should be dismissed immediately. Any similar rule regarding lending in this manner, or supporting Payment For Order Flow, should immediately be dismissed and barred from further proposals, recommendations, or discussion. V/R A concerned investor. -- V/R Tim Avery