Apr. 20, 2022
To whom it may concern, This rule proposal is blatant disregard for market mechanics, which are I might add, already teetering on ridiculous with the amount of FTDs never settled. To implement this rule ignores basic pricing mechanisms, allowing market makers fill ability to naked short shares of they never have to actually settle short sales where they don't have to deliver said shares. Please do not let this proposal become codified. Regards, Mike Miller