Aug. 16, 2022
August 16, 2022 Hello There, I am commenting to support the new rule changes supporting more transparent securities loan reporting. I believe that a shift from aggregate reporting to a trade-by-trade 15 minute reporting is in the free and competitive interests of retail investors as well as institutional investors. For far too long Wall Street firms have had the ability to obfuscate their securities lending activity often resulting in inaccurate aggregate reporting and numerous small fines and violations that never seem to offset the benefit of committing a violation. Firms like Citadel are in clear opposition of this rule change because it serves to level the playing field and give market participants big and small access to accurate information to make informed investments. I urge the commission to approve this rule change as proposed in order to maintain free and fair markets.