Apr. 20, 2022
Greetings, As a citizen of the United States, taxpayer and retail investor, it blows my mind that this rule is even being considered and I implore you to withdraw this proposal immediately. This does not benefit the retail investor in any way and I am ashamed that time is being spent on proposals like this, especially since this is the third time this has been proposed. You speak of 'fair' and 'transparent' markets yet you propose rules to the contrary..it's a disgrace. This rule would increase avoidance of true market price discovery through onward lending. It removes the infinite risk of naked shorting entirely, and in doing so promotes what is supposed to be a very risky business practice. It provides only upside for market makers who have been the ones responsible for siphoning money from retail investors for decades. Retail is not ignorant anymore!!