Oct. 31, 2022
October 31, 2022 I support the following: Reporting the shares that are lent out every fifteen minutes from those lending shares. This rule should ABSOLUTELY INCLUDE SHORT POSITIONS. Notify the public about who is borrowing and lending shares (not just which companys shares are being borrowed or lent). Notify retail investors with street name shares that their shares are being lent, (because (a) they don't get to vote and (b) they don't get tax-qualified dividends). SEC must adopt a more consistent interest in regulating, monitoring, and enforcing rules that require brokers to keep accurate records of ownership. Share any revenue earned from lending shares held for retail investors with those retail investors. Eliminate Onward Lending completely (public companies and transfer agents have opposed this for decades, even pointing to it as a source of phantom shares and overvoting in matters of corporate governance). Require every loan to have a due date (not just if applicable). When securities loans without due dates are tolerated, the loan may be allowed to remain unsettled indefinitely, this should not be allowed. I support transaction-by-transaction reporting. Other thoughts: Working families and everyday people are victimized by financial predators. This should not be allowed. Victimized companies need a greater ability to defend themselves against predators, and that \"short selling in the dark\" harms true competition and price discovery. Retail will benefit from increased transparency and can help keep institutions in check by making reports to the SEC.