Apr. 20, 2022
I am a retail investor that is highly concerned about the proposal of rule SR-NSCC-2022-003. This rule proposal is helping the bad actors in our markets avoid accountability for the blatant corrupt decisions they’ve made naked short selling many different stocks knowing the infinite risk that comes with these trades. This proposal just creates a mechanism for short hedge funds to exponentially increase share lending without accepting any responsibility for the infinite risk of naked short selling all while putting the retail investors at risk to hold their bag….again. Creating rules on the fly to cover up bad investment strategies by the economic heathens that rule the markets is just well….Un-American and unfair. L Our markets are not fair and this rule proposal just proves this point undoubtedly. I demand this proposal be removed and all further proposals that encourage short hedge funds to continue to hold our markets hostage. It’s unbelievable that the retail investor is being played time and time again to be left holding the billionaires bag. You keep moving the goalpost and as a retail investor it’s clear that the complexity of these proposals is meant to distort the reality of the situation. Clearly the leaders of the SEC (looking at you Gary) don’t have our best interest in mind. Remove this proposal now for increased fairness within our markets. A Very Concerned Retail Investor, Shane Green