Oct. 30, 2022
October 30, 2022 I support transaction-by-transaction reporting, as well as the 15-minute reporting requirement laid out by this plan. Victimized companies need a greater ability to defend themselves against predators, and short selling in the dark harms true competition and price discovery. Retail investors will benefit from more transparency which will help working families and everyday people. Collectively, the public can serve as a frontline watchdog with this new rule which will help the SEC and other governing agencies fulfill their duties of overseeing a market that is supposed to be fair. Long, untracked lending chains can lead to economic fragility, which is a problem I worry will negatively impact innocent investors, and I believe that approving these new requirements will help identify problems before they become unmanageable.