Aug. 16, 2022
August 16, 2022 I 100% support transaction-by-transaction reporting as it eliminates the ability to hide transactions within aggregate reports and adds more transparency to the market. That on top of 15 minute reporting makes it that much better for preventing fraud and hiding in loopholes that are in our current financial system. Forcing transaction reporting helps victimized companies defend themselves against predatory shorting by preventing the business to be \"shorted in the dark\". This rule will also help retail investors with the increased transparency by allowing us to see more of the risks that may be involved in our decisions. It will also allow the public to serve as a first-line watchdog in monitoring short selling data for securities fraud, which would be an asset to the SEC at no addition budget cost. This new rule will also help prevent the inherent dangers in long, untracked lending chains that can lead to economic fragility. Securities lending activity can hide massively destructi ve 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. I hope the ruling gets passed. Best wishes Christopher Gardner