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 today in support of rule 10c-1, Reporting of Securities Loans.
The abusive short selling that hedge funds are allowed to do today is damaging the economy as a whole. Having the smartest people in the world working on algorithms to fleece retail traders feels like a terrible cosmic joke.
I believe that rule 10c-1 would help curb the abusive behavior of firms like Citadel and create a more level playing field for investors.
Sincerely,
Jason Green