Subject: File No. S7-18-21
From: David

January 7, 2022

Thank you for bringing up this topic of transparency, as it's debilitating to those not privy to certain information, and greatly imbalances our markets.

However, the SEC has once again failed to competently solve the issue at hand.

Knowing who's on the both sides of the loan is pertinent information, as each party carries risk, and for those evaluating market conditions, they will still be left with unnecessary speculation.

As for whether the loan will be used for closing out an FTD within Reg SHO or outside of Reg Sho, Reg Sho doesn't work anyway, that's why we have naked shorting and SI that is over 100%.

I can't wait until the SEC and all of the other \"regulatory\" bodies slowly become irrelevant and bankrupt, so that we, the normal citizens can actually have a free and fair market.