Apr. 20, 2022
This rule in no way benefits the average retail investor. The proposed rule would allow FTD(failure to deliver) to continue or worsen. This rule could allow market makers in conjunction with abusive naked short selling and routing through non lit exchanges to endless role over FTD. This in no way helps the lit markets and in fact hurts the average retail investor, It gives large funds and market makers no down side to shorting company's as there is now no risk to having damaging short positions. I believe you should turn your attention to banning the practice of payment for order follow to truly help the stability and fairness of the free market. Thank you for your time Sincerely Brian Krepp