Apr. 22, 2022
CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Hello, I am a retail investor, and would like to make my thoughts about this proposed rule known. This rule flies in the face of fair market mechanics, and gives unlimited abuse of such mechanics. It is set in place to "alleviate Fail to Delivers", but in action does nothing to eliminate them, and in effect protects the action of naked short selling which is ALREADY ILLEGAL. This rule leverages the complexity of financial vehinces to put power in the hands of institutions, effectively safe-guarging them from their own bad bets. Passing this new rule would only further deteriorate the American public's faith in a "free and fair market". I urge you to withdraw this proposal immediately. Sincerely, Morgan Miller