April 20, 2022
Hello,
As a retail investor, I value transparency and fairness in the market. I believe this rule hinders both of those aspects, and allows for institutions to evade accountability in their actions. To my understanding, this new rule allows for market makers and others in priviledged market positions to perpetuate manipulative practices at the price of retail investors. These Security Financial Transactions allow for insitutions to \"pass the buck\" through the generation of naked short positions.
I hope that this rule will be blocked (or withdrawn for a third time).
-S. A. Johnson