Aug. 16, 2022
August 16, 2022 The SEC needs to approve this I explicitly support transaction-by-transaction reporting because it eliminates the ability to \"hide within the aggregate\" transparency means transparency and aggregates are not transparent. I repeat. Aggregate reporting is not transparent. Additionally I explicitly support the 15-minute reporting requirement, the cost and effort in implementing this are justified to prevent fraud and prevent hiding in loopholes. Additionally the SEC must implement this rule because victimized companies need a greater ability to defend themselves against predators, and \"short selling in the dark\" harms true competition and price discovery. The idea that a small number of short-selling funds \"know best\" and can hammer unsuspecting companies in the dark is shameful. The market should be public and fair to use for everyone. Funds should not have the advantage of operating in the dark for their own benefit. It is clear retail investors will benefit from increased transparency. We have a much better idea of the risks of our decisions and transactions if we can see who is targeted which companies. If funds are allowed to short in the dark, retail investors remain dangerously unaware of the risks they take on when purchasing securities. - Talk about the new and very desirable phenomenon of the public serving as first-line watchdogs in monitoring short selling data for securities fraud, strengthening the SEC and better enabling it to fulfill its mandate, at no cost. - Talk about the dangers inherent in long, untracked lending chains, that can lead to economic fragility. Securities lending activity can hide massively destructive chains of obligation that can even be a threat to national security, and so transparency in this area is more important than it has ever been. OK, that's all for now. Thanks for reading