Subject: Comment Letter for File Number S7-08-22 Short Position and Short Activity Reporting by Institutional Investment Managers
From: Level Dadup
Affiliation:

Oct. 17, 2022

 


To whom it may concern, 



As a retail investor, I implore radical and positive changes to bring transparency to the  
the US markets have devolved into. 

Illegal Short selling and Naked short selling has become more than just a functional balancing tactic within the markets you regulate and has morphed into a criminal activity with regulation so loose that nefarious actors and especially influential market makers can bend trades and order 
flow to their will for the purpose of maximizing gains and limiting their losses. 


 The  old market was based on supply and demand. Now, that couldn't be further from the truth. 


 We are tired of murky regulation, naked short selling and countless other practices, many of which are illegal but come with tiny fines that just act as costs of business. We are tired of front running. 

Most other retail investors who are familiar with the 
con of PFOF would much prefer to pay broker fees on trades than be faced with the implications of "free" trades facilitated by PFOF. 


What side if history and Judgement day do you want to be on? 


What profits a man if he gains the whole world and loses his soul? 


Mark 8:36