Oct. 08, 2022
October 8, 2022
This rule should absolutely pass as it represents the SEC, and the market as a whole, taking leaps and bounds in the right direction. It's time to prioritize INVESTING over abusive practices such as NAKED SHORT SELLING. Short sellers are not investors. They are opportunists taking advantage of rather opaque reporting laws and very lenient fines (i.e. basically no consequences for predatory behavior). It's time to make the market more transparent, not less, so that it functions more like a market. I have a dream that someday retail investors will be able to experience true price discovery rather than artificially inflated or deflated prices due to things like dark pool activity (why the hell is this still permitted to take place), naked short selling, and lack of transparency. Thank you for the opportunity to comment on this proposed rule, which absolutely must past for the good of INVESTORS everywhere.