Aug. 19, 2022
August 19, 2022 This rule doesn't make any sense to me or many other retail investors. Losing the 15 minute reporting requirement would reduce transparency in the market, and to reduce or prevent fraud in the market. I 100% support the 15 minute reporting requirement. Continuing on the thread of transparency, I support transaction-by-transaction reporting as aggregate reporting is a perceived way to \"hide\". Increased transparency will help us retail investors make informed decisions. There are many cases of companies failing in the market due to predatory tactics by large institutions and hedge funds. These companies should be able to defend themselves and greater transparency in the short-selling data can and will help with that. Economic fragility is a hot topic right now, and the dangers inherent in long, untracked lending chains are very concerning. I'm hoping that the SEC can strengthen their role on the front-lines by monitoring short-selling data for securities fraud. Rejecting this rule will help the SEC to fulfill its mandate to protect retail investors at no cost. We the investors, demand more market transparency