April 20, 2022
This rule (and many others like it) are simply layering needless complexity on the stock market. If the stock market is supposed to be fair for everyone, I think it's time we focus on simplifying the market and ensuring that all obligations are met (FTD's, shares sold short returned on companies both actively listed and delisted), more timely reporting (FTD's can be reported in real time, as can self reported short sales), it's 2022....most of this can all be automated and simplified. If non-retail investors aren't hiding anything illicit there shouldn't be any need to create obscure and needless complexity.