Subject: S7-08-22: WebForm Comments from jack smith
From: Jack Smith
Affiliation:

Oct. 10, 2022



October 10, 2022

 Short sellingor, more generally, betting against a securitybecomes a real problem when used in ways to game the system. One of these ways is short and distort. A large investora hedge fund, for examplecan short the stock of a company and then undertake a campaign to discredit the operation of the company. If the campaign generates a fall in the price of the companys stock, the investor winsbut not because of any real weakness of the company.