Subject: S7-18-21: WebForm Comments from Robert Carey
From: Robert Carey
Affiliation:

Oct. 08, 2022



October 8, 2022

 Hello, and thank you for the opportunity to submit comments on this critical issue.

Because of excessive fraud in our markets, mostly pertaining to short selling, I am very much in favor of S7-18-21.

Publicly traded companies that are innovative, industrious, and provide gainful employment to many are being targeted by short sellers. These short sellers prefer to hide their positions and their lending transactions. Their activities must be brought to light. The 15-minute reporting rule will make significant progress for transparency. Each transaction should be reported.

Please consider the importance of transparency in our markets. Short sellers work in the dark, often in coordinated attacks. They are the opposite of value-adding investors.

I am also advocating for a strong SEC that can stand up to securities crimes. Thank you for your hard work.