Subject: S7-18-21: WebForm Comments from Kenneth Melendez
From: Kenneth Melendez
Affiliation:

Oct. 08, 2022



October 8, 2022

 I support the change to 15 minute reporting. I believe short selling is a necessary part of the market but the current disclosure and self reporting with loop holes allows for too many institutions too abuse short selling and retain plausible deniability while hiding behind a veil of secrecy.

I believe the rule change will shed light on malicious shorting within the market. Transparency is one of the fundamental pillars of an open, fair, and free market and as a retail investor I have become quite aware of the lack of data, and lag of data available to me.

I believe this will be an incredibly healthy change for the market. Thank you for your time.