Aug. 16, 2022
August 16, 2022 I fully support transaction-by-transaction reporting more transparency in the market is better. I fully support the 15-minute reporting requirement. Less fraud and hidden loopholes is important for fair trade. Victimized companies need better support in defending themselves against predatorial trading practices. Short selling in the dark greatly harms fair trade and a healthy market. A small number of funds should not be able to dictate what they believe is best for the market and do so in the dark is preposterous. Transparency and clear communication is always in the best interest of the market. With visibility comes greater ability to have fair competition in trading as well as other sectors. Retail investors need better understanding of risks to investments which is currently obfuscated by dark trading and overly complex investment vehicles only accessible to a small number of very large funds which do not represent the interest of a free market. I appreciate the opportunity to comment on these topics and for my voice to be heard. In recent months we have seen a huge increase in the public retail investors becoming a front line watchdog that monitors the market for suspicious and unfair practices. This helps to strengthen the SEC and we wish to give our support in many decisions the SEC is attempting to make but being shut down by a vocal controlling minority. As we can see in the current economic situation and in past market events, untracked lending chains leads to market fragility putting not only investors at risk but the entire US economy. It is critical that there is increased transparency and clear chain of ownership in securities to prevent serious fragility in the market. Thank you again for the opportunity to comment. I appreciate your hard work and am looking forward to more of doing what is best for every US citizen.