April 20, 2022
This rule amounts to financial terrorism against retail traders. Using technical jargon spread out over hundreds of words and pages to hide the purposed ability for hedge funds to infinitly short a stock synthetically to drive the price down and drive them out of business by cellar boxing and failing to deliver in T+2 days.
This is a despicable and appalling piece of legislation that must be struck down if you plan to instill any trust back into the markets for retail investors since the cat has been let out of the bag about how corrupt the market is to benefit the rich at the sake or retail investors.