Apr. 20, 2022
> I am writing this as a taxpayer, law abiding citizen and retail investor who is incredibly disturbed that this rule is being proposed for a third time. Our market already lacks transparency and accountability for large institutions and by reading all of the legal jargon provided within, one thing is absolutely clear; retail will be neglected and abused. This rule would increase avoidance of true market price discovery through onward lending, while also removing the "infinite risk" that naked shorting is supposed to carry, inherently removing the deterrent from what is supposed to be a very risky business practice. The market makers will enjoy the upside with excessive naked shorts, and it will be all downside for those on the wrong side of their shorting. This rule in no way, shape, or form contributes to a "fair" market. In fact, this promotes quite the opposite, by obfuscating the trail of evidence that points to securities fraud and violations of Reg SHO you are placing your seal of approval on a naked short laundering scheme. I am simply asking that you show retail that you are in fact protecting a fair market, and do away with this rule once and for all. > > Jessica Colón > > >