Subject: S7-08-22: WebForm Comments from Abdirahman
From: Abdirahman
Affiliation:

Nov. 01, 2022



November 1, 2022

 Time and time again large institutions have used opacity in financial regulations to place the financial ecosystem at risk of collapse with their reckless overleveraging. This rule will give regulators a clear trail of data that can forewarn them of criminal activity and risk to the wider system. Institutional short sellers use a variety of financial instruments to hide their uncovered shorts from both the public and regulators. They use complex methods to roll over failure-to-delivers in perpetuity, negatively impacting targeted companies and the retail investors who support them. This rule will bring us closer to ending abusive, unethical, or illegal practices in the markets.