April 20, 2022
To whom it may concern,
So it's my understanding this rule pretty much states any FTD can be resolved by using a new securities transaction vehicle called a SFT (Securities Financial Transaction... really?). This SFT must be of equal amount and the same delivery date BUT the cost one pays for this feature would be based on the difference in closing price from one day to the next. I get I am not a stock market expert nor am I a cat, rather I am a well rounded and educated member of society which advocates for a free and fair market. The fact that this is quite literally a rule to launder illegal naked shorts and persistent FTD's, and that it is proposed by the SEC makes me sick. If this rule is implemented I will not stop advocating until I see Gary behind bars. Thank you for your time and patience and have a great week.