January 5, 2022
-The proposed rule is well written and with good intentions. It recognizes the systemic risk to the entire financial system and the other counterparties in the Wall Street transactions between market makers, investment banks, dealers, financial institutions, and the uninformed retail public.
I still don't trust non-regulatory organizations of providing an accurate accounting of relevant data such as:
1. How many total synthetic shares exist in offshore accounts not subject the jurisdiction of the United States?
2. How many fail to deliver contracts are remain outstanding and left unclosed and swapped to a future delivery date ?
3.NRO's immunity from criminal liability from the FBI or DOJ for violations of SEC rules or RICO statutes. Why should gangsters
receive protection from the courts?
4. Finally, the SEC should be able to track fraudulent activity by simply allowing retail shareholders a safe and secure place to \"register their shares\" with the SEC, much like \"SAY TECH\" before August 10,2021. This would also allow the SEC to clearly and easily identify the existence of illegal non-exempt naked shorts. Should the number of registered shares plus the number of publicly disclosed shares held by institutions exceed the actual number of shares authorized by the issuing corporation, there is \"prima facie evidence\" to conduct criminal investigation including search warrants of dark pools and the actual prosecution of criminals and jail time if convicted.
5. Perhaps another bailout if the United States can print more money, you think that $100 trillion deficit might cause HYPERINFLATION ?