Subject: S7-18-21: WebForm Comments from Nicolaus Zacher
From: Nicolaus Zacher
Affiliation: American Citizen

Aug. 16, 2022

August 16, 2022

 Retail will benefit from increased transparency

I support transaction-by-transaction reporting. Transparency means transparency and aggregates are not transparent.
I support the 15-minute reporting requirement. The cost and effort are justified to prevent fraud and prevent hiding in loopholes.

Short-selling funds are predators and it is shameful that they can hammer unsuspecting companies in the dark. Retail will also 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.

The people, the public are watching. Do the right thing.