April 22, 2022
I find this proposal relief borrowers/short sellers
from their obligation to deliver their FTDs in a
timely fashion. Such a relief will not lead to better
competitiveness and will open the door for abusive
short selling without fear of harsh consequences. I
understand that overlaveraged hedge funds
represents a risk to market stability, but creating a
situation where bad players can continue using
their tactics to stay overleveraged and hide their
FTDs is not the right way to deal with the
situation. As a retail investors I did not see any
consideration to the harm that retail investors can
suffer with such proposal. Thereby I clearly object
on that proposed rules and hope the SEC takes
into considerations the point I mentioned and
withdraw the proposal. Thank you