Apr. 20, 2022
To whom it may concern, This proposed ruling seems to take a serious stand against the retail investor, like myself. It seems to allow players with over exposed short positions to juggle them endlessly in a perpetual cycle of failure-to-deliver. This cycle of FTD’s prevents accurate price discovery of securities that I am invested in while allowing bad actors to continue operating in the markets, siphoning money away from retail investors like me, and millions of others who are invested in the markets through pensions and the like. If the SEC wants to take a stand for retail investors, as SEC Chairperson Gary Gensler has publicly stated, this ruling needs to be shut down. Bad actors have over-exposed themselves with abusive short positions and are now seeking to continue their ‘game’ without settling up for the bad bets they made. - Concerned Retail Investor