Subject: S7-18-21: WebForm Comments from Satish Mallya
From: Satish Mallya
Affiliation: Engineer

Oct. 08, 2022



October 8, 2022

 I am in favor of more information being available to retail investors.

Large organizations are able to sidestep regulatory disclosures through constructing positions that escape on technicalities, and thus manipulate the market - closing those loopholes prevents exploitation of the system, and is necessary for integrity.


We must have reports by transaction and every fifteen minutes - too much information is hidden in aggregates of numbers and time.



Short selling is serious business, with the potential to damage economies beyond repair. It has it's place, but it must be tightly regulated - i.e. actual stock must first be non-fungibly secured for short sale, not handwaved by a Market Maker, or materialized through intraday shenanigans, or 'lent out ' by entities that do not possess them and never intend to.


There's free money being generated lending securities that don't exist, at the expense of everyone else on the market. This should stop that.