April 20, 2022
This proposal is not beneficial to free and fair markets in any way, shape or form. It instead allows disguised safety and false senses of security in our market. Effectively allowing bad actors to not be financially responsible for their obligations. Lending trading is already a slipperly slope in terms of transparency and needs more rather than less. Introducing additional layers in which transactions - ESPECIALLY naked short selling - can be hidden, stalled, and further leveraged upon is morally reprehsible and is not advantageous to all market participants, in particular, retail traders as myself. Thank you for your time.