April 20, 2022
This proposed rule will provide liquidity to institutions looking to short stocks, without the need for an immediate locate. I don't believe liquidity in the market should be prioritized to the degree that it significantly undermines the existing mechanisms in place to guarantee fair markets. This will just be another way for large institutions to delay and avoid associating tangible shares with transactions, and will further contribute to the already significant advantage that institutions hold over retail traders in the current market.