April 9, 2021
Attn SEC:
I believe the prevalence of Naked Shorting has exposed the US market to unnecessary and unregulated risk which could lead to a catastrophic collapse if not reined in as soon as possible.
I am in full support of this regulation and the transparency and stability it will afford the members participating in the DTCC. While a considerable amount needs to be changed going forward in order to bring true freedom and accountability to the U.S. markets, I believe this regulation is a significant step toward a positive change that benefits both the retail sector and those entities who wish to reap the rewards of a robust and healthy economic environment within a reasonable and secure rule of law.
Thank you.
Michael