Jun. 25, 2023
This is a ridiculous idea even for the SEC who’s been consistent in acting against shareholders‘ interest and neglecting naked short selling that’s been destroying American companies for decades. How can someone have voting rights without owning a security via derivatives? This sounds insane! It’s like someone putting in a lowball bid on your house then claiming the property rights/tax benefits even though it was never sold to them. I’ll be saving my email in case this rule gets passed and consequently affects companies trading in American markets so I can pursue legal action against the SEC. -Murtaza Sent from my iPhone