Oct. 08, 2022
October 8, 2022
October 8th, 2022
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. The cost's of adopting 15 minute reporting
requirements will be negligible in comparison to the rampant degree of predatory trading that can be brought into light by acting in favor of rule 10c-1. Increasing reporting requirements to a \"Transaction by transaction\" basis is highly recommended, due to the current basis of \"aggregated reporting\" being used to hide fraud in aggregates. This 15 minute reporting should become standard if were to improve clarity and give companies a fighting chance to properly handle the manipulation that can be advanced by short sellers to manipulate stock price.
Sincerely,
A Concerned Investor