February 18, 2022
I agree with this rule to increase transparency. Transparency is needed if we truly want a free and open market.
The only people who would oppose this rule, or any other rule regarding transparency, are thieves. Thieves that wish to exploit and manipulate securities for their own profit.
If somehow this rule is not passed, individuals and institutions around the world will lose faith in our free and open market. And rightfully so. It boggles the mind that the current system allows someone to loan out a security, and not report it. What's to stop someone from lending it out multiple times? Oh, wait... it doesn't. Seems like common sense to keep track of something like that.
Pass the rule. Prevent ILLEGAL naked-shorting. Protect the integrity of the market. Simple.