Subject: S7-08-22: WebForm Comments from Jim lee
From: Jim lee
Affiliation: Retail investor

May. 26, 2022



May 26, 2022

 While I do believe shorts are necessary for a market to maintain an equilibrium, shorts when abused can present an opportunity for investment managers and institutions to create a rigged system that benefits their assets under management at the risk of American workers' pensions, 401k's, retirement plans, amongst other investments.

There needs to be a system where shorts, created by but not limited to hedge funds and other less transparent investment institutions/entities such as family offices, can be audited by a panel or be made in a more transparent way such as, on an immutable ledger. Perhaps using blockchain technology