Apr. 09, 2021
Dear Sirs: I'm in favor of the rule change that requires in depth monitoring of naked shorts. Too many security and clearing firms are taking risks where if they fail could end up adding significant risk to the U.S markets and economy. You need to have the ability on a daily basis to determine if any firms are using naked short positions in their trading. If found, substantial penalties up to including selling their assets should be required to ensure U.S. taxpayers do not end up with unfounded liabilities. Please implement this as soon as possible to stop naked shorts. Sincerely, Jeff Emans Independent Investor and Concerned Citizen.