Apr. 20, 2022
This new proposed rule is one that will erode the trust and confidence in American markets. There is already a systemic problem of Fail to delivers FTD’s in regards to short selling. Easing the mechanics of skimping out on bad investments and delaying paying them back will only amplify this existing problem by encouraging larger short sale numbers and leading to a higher number of positions that are untenable. This sends the wrong message to anyone looking to use the market as a long-term store of value. With kind regards Rune Granath