Apr. 09, 2021
SEC, Stop the counterfeiting of our stock market immediately! The current situation allowing Hedge Funds to use extraordinary measures to drive the value of stocks down is unacceptable. Naked short selling, Failure to Deliver and coordinated shorting of stocks through ETFs has sown the seed of doubt into the authenticity and equality of the US stock market. The proposed rule regarding supplemental liquidity deposits in filing NSCC-2021-801 is a necessary amendment and should be effective immediately. Deceitful institutions must be held accountable for aggressive and greedy manipulation tactics that bankrupt legitimate businesses and cost retail investors billions of dollars in losses. Regards, G. Piro