Apr. 20, 2022
Dear SEC, I belong to a large group of retail investors, which includes two personal investment accounts that I use to not only invest in companies I believe in, but to also learn the market and understand how to trade. We have read and understand the proposed rulings above to essentially be a created as a legal back door escape for over-leveraged hedge funds to launder illegal naked short sells and FTDs. We understand that protecting retail investors from naked shorting and FTDs is imperative, but not at the cost of preventing a short squeeze in the current market where these same practices have been going on for years thereby culminating in the volatile stock market situation we have today. Retail investors and average everyday people have been hurt multiple times by large banks, hedgefunds, and institutions, such as what happened back during 2008. It appears that could be happening again, and I believe these proposed rules goes against the best interest of retail investors and causes more harm - not only to individuals, but to the validity of the market overall. We vote NO to changes in this ruling until current shorts are covered as expected. Respectfully, Hunter Reeves