Apr. 24, 2022
Hello, The market already has very little transparancy to the retail investors. And that's why i'm against this rule being proposed. This rule would increase avoidance of true market price discovery through onward lending. On top of that, the infinite risk that naked shorting brings is removed entirely. Which is supposed to be a very risky business. In my opinion this only benefits the people/ institututions or other firms that practice naked shorting. And isn't in favor of the retail investors. The job of the SEC is to protect the investors right, right? On top of that, wasn't naked shorting forbidden??? There are already enough loopholes to reset FTD's, so why is another loophole needed? Its is frustrating to see that rules like this get proposed. It only favors the reckless institutions who can't take a loss in my opinion. Hopefully you'll consider the words of retail investors more with your decision making on regulations Regards, Jannes