Subject: S7-18-21: WebForm Comments from Scott Billingsley
From: Scott Billingsley
Affiliation:

Aug. 16, 2022

August 16, 2022

 Hello, I am writing to support the SEC proposed rule 10c-1. I believe this rule is very beneficial to the market as it would provide greater transparency into short sold securities. The defense of short-selling always calls it the 'inverse of a buy', and if that is the case then why do we not demand the same level of transparency from shorts as we do from longs?

I fully support any rule changes that will increase transparency for retail. This clearly improves price discovery as more information is always better than less, and the current short-selling environment introduces an enormous amount of risk to investors and the system.

Thank you.

-Dog Groomer and Retail Investor