Apr. 20, 2022
To whom it may concern, I am a retail investor who has closely been following the SEC and their recent proposals. It is my belief that this rule does not benefit the retail investor nor does it promote a fair and healthy market where real price discovery can occur. Twice before a rule similar to this has been proposed and just like before I am still against it. I believe by passing the rule the SEC is complicit and aiding hedgefunds while they use manipulative practices like naked short selling to drive stock prices down. Failures to deliver should not be delayed any further and I believe the SEC has a duty to retail investor to enforce not just propose rules to discourage and prevent the malicious act of naked short selling. There are many other investors like myself who share this sentiment. We will not be silent on this matter.