Subject: S7-08-22: WebForm Comments from David Algar
From: David Algar
Affiliation: Construction business CEO

Oct. 30, 2022



October 30, 2022

 The current proposed rule states that SHFs only have to report once a month and although we will receive daily activity, the data comes 4-6 weeks late. This is unacceptable.

If you are proposing reporting every 15 minutes for securities lending, then surely daily disclosure can be proposed for short-selling those lent securities. It is important that we receive public disclosure of ETF shorting activity.