Apr. 20, 2022
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Dear Sir or Madam,
In reading thru this new rule proposal it is becoming increasingly clear this is to protect horrible decision making by wallstreet hedgefunds, market makers, and banks by protecting them from their Failure to Delivers(FTD) obligation. This Failure to deliver protection rule proposal is grotesque. This is yet another rule proposal by those who govern themselves. What world does the SEC live in that this is ok? Please reject or withdraw this abuse of power rule proposal that allows fraud (counterfeit shares) to run rampant on Wallstreet. I am losing my remaining faith in a fair market by the day.
Sincerely,
Ethan Leslie, concerned retail investor