April 22, 2022
This rule is not about transparency. Retail investors own the float many times over in a supposedly fair market in certain stocks. We both know which stocks they are. The SEC has hid in the shadows for 2 years while watching certain stocks be manipulated literally robbing individual investors. Naked short selling has created this mess and the SEC has watched this all happen and has never once addressed this issue. You have helped create this mess and now you think you are just going to put rules in place to make all those FTD and Naked shorts just disappear? This is not a fair or transparent market and the world is now watching. Should this rule go through be prepared to answer protests, lawsuits, and whatever else should come your way. You will have showed millions of investors who know the truth that you are part of corruption and you new about it and decided to not only do nothing about it but that you are involved in the corruption and are covering it up. Retail individual investors are not going anywhere. Restore faith in retail investors. Stand together against this corruption and show the world our financial markets are fair. This rule MUST NOT be adopted. All stocks must stop being manipulated and forced liquidations must occur.