Apr. 09, 2021
As a retail investor in the US stock markets, I consider that it has been a grave injustice to businesses and investors alike to allow hedge funds to use naked shorting, synthetic shares, dark pools, and short exempt trading to destroy small companies and rob small investors for their own enrichment. If these firms are not brought to task, in time, they could cause the demise of retail investing, countless more businesses that are currently prey to incessant naked shorting practices, and bring the entire market down. They are so entrenched in these tactics that they will continue this practice until they fail or are forced to stop. I strongly support the passage of SR-NSCC-2021-801.