Oct. 08, 2022
October 8, 2022
To Whom It May Concern:
I strongly support rule 10c-1, Reporting of Securities Loans.
As part of a working family, this rule will aid in the average investor resuming confidence in a market whose mask has been removed, revealing an ugly reality of short selling, hidden transactions, etc.
Transparency should be paramount in our markets, yet it has been shown time and time again that the fact true transparency does not exist allows specific entities to do far more harm to the market (and economy) than good. There is no such price that is too high to eliminate fraudulent market transactions.
There's a reason short selling is banned in some countries. If we're going to allow it, then make it a practice that is not shrouded in deception and loopholes.
Please, ensure S7-18-21 is fully adopted.
Sincerely,
CM