Subject: S7-08-22: WebForm Comments from Derek Barnes
From: Derek Barnes
Affiliation:

Oct. 26, 2022



October 26, 2022

 To Whom It May Concern,

I am deeply concerned with the state of our markets. Whether its dark pools, 100%+ short interest in ETFs, SRO's reporting inaccurate data, or any other number of problems in our markets, the one true way to a fairer market is through transparency.

I am not suggesting that all corporations need to disclose everything they do. I realize that some of this data should be confidential. However, I believe the line in which that is drawn has played into the hands of big market participants and allowed them to evade honest business practices. There are a lot of places that need more transparency, but short selling disclosures is a great start.

This rule will give investors greater transparency into the shorting activities of market participants. The SEC must pass this rule if they are to adhere to their fiduciary duty to the American people. Refusing this proposed rule would go against everything the SEC stands for and would deteriorate my faith in the system.

Thank you for your time,
Derek