Oct. 31, 2022
October 31, 2022 This is of upmost importance to have security lending reported every 15 minutes, and I am of FULL support. I support transaction-by-transaction reporting - it eliminates the ability to hide within the aggregate. Transparency means full transparency for all. No secret short selling should exist without public knowledge of such activity. I have paid taxes and worked extremely hard my entire life, and to buy into the greatest financial system that's ever existed and have my securities lent out without my knowledge, consent, and not even the public data to see this is abhorrent. This is financial predation by individuals seeking to break our working American ideals and financial backbone. Short sellers are the opposite of investors, they are in fact hoping that a business in America fails. How we have allowed them to get this far is not what I'm here to debate, but I urge any readers to please consider making the SEC prioritize hedge fund reporting over profiteering. The more transparent the more retail can make proper decisions on these securities. Not knowing they are being lent out is wrong. It should change immediately. By having data not be publicly available we run the risk of information being missed which could damage our markets in the long term. The individuals hiding this data only seek to benefit from it being hidden. I urge you again to make all shorting, securities lending, and swap data as transparent as possible.