Subject: S7-18-21: WebForm Comments from Anonymous
From: Anonymous
Affiliation:

Aug. 16, 2022



August 16, 2022

 Re: Registering of Securities Loans (File no. S7-18-21)

Im an individual retail investor writing in support of S7-18-21 and greater market transparency, support of transaction-by-transaction reporting in the fifteen minute time frame for several reasons.

First, there should be an inability by any agency to hide their positions within the aggregate, and timely reporting lends to this ideal.  It would reduce fraudulent activity within the marketplace, tighten existing loopholes that continually benefit larger institutions, brokers and Market makers at the expense of retail investors.  It would also reduced victimization of companies by predatory large investment firms, who continue to use regulatory loopholes in under-reporting of short positions.  Without increased transparency in the markets, funds will continue to short in the dark, damaging retail investments and investors, who arent privy to these market manipulations and therefore are more damaged by them in both the short and long term.  If funds are protected from their risky investments, and continue to be so, it will only be done at the expense of individual taxpayers, who end up footing the bill for larger institutions risky bets.