Oct. 31, 2022
October 31, 2022 Securities lending data needs to be reported to the SEC and made available to the general public. While there may be genuine uses of security lending, too many large trading institutions are hiding their risk and exposure through lending securities. Not only that, but institutions are re-lending securities daily, multiple times. Since when is it OK to lend out the _same_ security over and over and over again? This kind of security lending is a genuine risk to our economy, and employment, as companies who have extreme levels of security lending used against them are unable to get access to the loans and capital that they would normally have. This can cause real companies to have to shutter, and destroy manufacturing, research, and jobs in the US. Extreme securities lending is a literal attack on the US economy. This data MUST be made available, and then acted upon to limit the above listed abuses of securities lending.