Apr. 20, 2022
To whom it may concern As a retail investor, I am against this proposal. I am disturbed that the SEC is once again, proposing a rule that would allow FTDs (Failure To Delivers) to go unchecked. This gives MM (Market Makers) extra ammo in their rampant collection of tactics such as illegal naked shorting or dark pool trading. These tactics, which all have been seen by the public and are on full public display across the internet, are proof that our “free/fair markets” are not free nor fair. They are controlled and manipulated by big players with more amounts of resources/money than any individual. Please “Do Not” allow this proposed rule to make any further progress. This proposed rule is against the interests of myself and the rest of retail included. Furthermore, please refrain from attempting to pass another rule similar to this as they have been denied in the past repeatedly, with minor differences in the wording of said proposed rules. It is a waste of both of our times. It is the mission of the SEC to look out after smaller Investors such as myself and lately I do not feel as though you have been doing your jobs properly. Especially with all of the crime that has been blatantly committed on public display from entities such as Ken Griffin’s Citadel. If only your party was watching or if they even cared enough, this problem would not be as big as it is nor would you be proposing policies that promote kicking the can for a much needed correction that is upon us sooner than later. Thank you for you attention and reading my message through all the way if you have done so. I do plan on sending another email to further express my concerns on this matter. But please consider that proposal is unacceptable. Sincerely, A concerned retail investor. Sent from my iPhone