Apr. 20, 2022
Hi, Stop looking at porn and read this email. "This rule would increase avoidance of true market price discovery through onward lending. It also removes the infinite risk of naked shorting entirely and in so doing, the deterrent of engaging in what is supposed to be an unsafe and harmful business practice. " -r/superstonk By now I'm sure you've seen the canned email written by someone much smarter than me. I didn't want to just copy and paste the whole thing because that's boring. Outside of the legal and technical effects of this new rule, I'd like to see more introspection from the SEC. Here are some questions Does a fair and transparent market need a 43-page document to impose a rule? If you can't explain the rule to a 10 year old, why does it need to be implemented? I'd love to see a push for clarity. A push towards equity. Sincerely, A concerned investor