April 20, 2022
To Whom It May Concern,
As an Investor, this subject rule being proposed doesn't benefit or protect me in any way. FTDs (Failure To Deliver) are already a big problem within the market and implementing this rule would make it worse. I should hope that the SEC is here to protect investors as it is stated as its intention, but some of the recent proposals that have been brought forward, leads me to believe that the SEC is failing investors and benefitting the big players on Wall Street. I would very much like to say NO to this proposal. I believe it benefits everyone to be as transparent as possible and for all parties involved to do this.