Subject: S7-18-22: WebForm Comments from Nathaniel Van Duine
From: Nathaniel Van Duine
Affiliation:

Oct. 30, 2022



October 30, 2022

 Short reporting has been self reported and often abused by short hedgefunds to mislead others into the size of a short position. It has been argued that if short positions are revealed then it would be possible for the shorted companies to be targeted by other traders for short squeeze opportunities. When in fact, this lack of transparency has led to rampant abusive naked short selling in an attempt to drive public companies into bankruptcy. This practice is known as cellar-boxing and has twisted the original purpose of short-selling. Please close this loop-hole by requiring short-sellers disclose their positions regularly. Thank you.