Jul. 28, 2021
Hi, As you will agree, there is far too much control, manipulation and ill practises by Hedge Funds. I am a small retail investor and my portfolio has suffered a 73% reverse. We are forever at the mercy of the big HF’s despite market and the individuals suffering unfairly. Your governance is super important and we hope for active and larger than life presence from you. As you are aware a short squeeze for AMC is being held off through naked shorts, dark pool abuse and we, retail investors now fear that this ruling will allow HF’s to continue leveraging without ever covering. There has to be a limit in number of occasions to use NSCC for lending. We are fed up off this ‘kicking can down the road’ set up the HF have created. So so unfair. Also the stocks lent to borrow money, what if they are manipulated down before being bought back by HF and shorts? We cannot allow Tesla and the FAANGS and other stocks to suffer through manipulation just to save skin on these ‘demons’ Pls ensure a fair, healthy and swift squeeze is pushed on the hedge funds without corruption, manipulation and negatively impacting the overall market. They need to be told to stop finding loopholes and be held to account just like my, and I’m sure millions of other portfolios have suffered. We place our trust in you and request assistance to force covering of stocks that are heavily shorted and also for reduced FUD in media which is spreading untruths. Regards