Subject: S7-18-21: WebForm Comments from Alex
From: Alex
Affiliation: IT

Oct. 08, 2022



October 8, 2022

 October 8th, 2022
Vanessa Countryman, Secretary
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-0609
Re: Reporting of Securities Loans (File No. S7-18-21)
Dear Secretary Countryman:

I am writing in strong support of rule 10c-1, Reporting of Securities Loans.

I support 15 minute short selling reporting as well as everything that would help against predatory short selling, naked short selling, abusive short selling, as this would put institutions in the position where they cannot be as predatory as they have until now, and would make them more responsible and not over leverage themselves to such extremes (Archegos I believe is a small child compared to what other institutions are possibly doing, but is a decent enough example) as they might be doing in these very trying, volatile times.

Think of how families and ordinary people are affected by this lack of stability and natural growth due to high frequency trading algos and predatory short selling by various institutions.

Please, for the sake of the global but very much also local economies, for the sake of fair and free markets, pass this rule as fast as possible.

Sincerely,
An extremely concerned retail investor.