Aug. 16, 2022
August 16, 2022 I recommend the Commision move forward with reporting every 15 minutes after trades. Intraday reporting will be of high informational value to the market and to retail traders. Transaction-by-transaction reporting will lead to transparency and will eliminate the ability to hide transactions and positions within the aggregate. The cost and effort of the reporting requirement are justified to prevent fraud and loopholes that can negatively effect retail traders and companies. Retail will greatly benefit from this transparency. Securities lending activity as it stands can get wildly out of control through long-untracked lending chains that can lead to economic volatility. Thank you