Subject: S7-18-21: WebForm Comments from Bamlak Tilahun
From: Bamlak Tilahun
Affiliation: NA

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.

Malicious use of securities lending has led to various shady practices like the abuse of naked short selling. These acts jeopardize the integrity of the market as a whole since a few large players ultimately control price discovery. This is anything but a free market. Exposure to lending practices can shed a light on the inner workings of wall street firms engaging in illegal and risky practices.


Sincerely,

A Concerned Investor