March 10, 2022
On February 25, 2022, the Commission proposed 17 CFR 240.13f-2 (Rule 13f-2)3. My comments regarding this proposed Rule Change is I am for the changes to become enforecable Regulations. Lack of transparency has been used by Market Makers and exchanges to handicap retail investors ability to confidently complete due diligence before investing. Inaccurate, delayed and non-reporting of Short Positions benefits the Big Brokers and Hedge Funds through non disclosure of naked shorts which virtually can be generated inexhaustable ability to generate an inexhaustible amount of synthetic shares which dilute the oustanding number of shares (without shareholder voting). In addition to synthetic shares, the use of Dark Pool exchanges is being abused in ways to single out certain stocks for the purpose of drving down stock value. For example approximately 59% of AMC stock purchases are processed through the Dark Pool which doesn't impact the price action. It is basically a neutral order sp purchases do not effect share price. this is a highly unethical and unfair tactic used by Hedgefunds and Shortsellers.