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 in strong support of rule 10c-1, Reporting of Securities Loans. I support the intraday 15 minute reporting requirement as the benefits this brings to retail investors are invaluable in being able to make properly risk assessed security purchases. With only gaining access to information on a short sale investment long after a position has been opened this clearly is a problem for all investors and their ability for justified investments into a business that they may have otherwise wanted to support. The cost and effort required into early indenfitication of abusive shorting practices is justified with the added ability in reducing potential fraud that market participants may well be conducting. This new rule would give companies greater control and ability in being able to defend themselves against predatory short selling. Short selling without transparency harms business competition and natural price discovery. The allowance of this rule as a bonus gives the general public as well as public companies the ability to serve as watchdogs for the SEC as an additional line of defense against abusive practices. This being without additional expense to the SEC. I am a strong supporter of S7-18-21, Reporting of Securities Loans. This rule provides stability within the markets. At least once the dust settles. Sincerely, lauqe elpoep lla