Apr. 09, 2021
Good day. I believe passing rule SR-NSCC-2021-801 is a necessary matter. A large amount of retail investors, myself included, suspect there may be and have been copious amounts of market manipulation in the stock market. I believe the cause of this manipulation stems from certain stocks being abusively shorted, to the point where more shares have been shorted than actually exist. This malpractice is not something I or other retail investors can fight on our own, and I believe we shouldn't have to. I'm formally requesting that the SEC steps in and takes a closer look at the situation, and I believe passing SR-NSCC-2021-801 would be an effective solution. I believe there is malpractice occuring specifically with $GME, $AMC, $BB and other heavy shorted stocks. The three mentioned are just examples. I'm reaching out as a hard working American citizen that believes in our economy, our free market, our stock market and our government that is in place to keep the best interest of our citizens in mind. I hope you have a pleasant day, Coby Fragoso