Subject: Comment: 476442 - <Forward Notification - SR-FINRA-2023-010>
From: Anonymous
Affiliation:

Jul. 20, 2023

Comment forwarded from the CLL System - 476442 



To whom this may concern 


This is supposed to help on cost on options positions for customers? What is going on that we need to do this and why now. If this is supposed to help retail please explain how increasing short positions in a different way to improve a members margin requirements helps retail or the company that is getting shorted to oblivion. 


Maybe someone can explain the 400% average short intrest in the XRP ETF and its exact influence on the basket of stocks that are shorted using this ETF. Stocks like carvana AMC Gamestop BlackBerry and other countless stocks grouped into some kind of swap that are adversely affected because of these open shorts in this basket ETF. The exact reason why they shutdown clearing firms in JAN 2021 was because of this manipulation using Etf basket shorting. I would have no problem if you could be trusted payout the winners in these trades but Jan 2021 shown that these exceptions need no place in the market because the banks and clearing firms failed that January. 


All this is another way to steal companies value and retail traders money in my opinion. 



Thank You!