Aug. 01, 2022
Hello SEC, I write you, because I don't agree with you that pensions funds and insurances should foot the bill when the bank made themselves overleveraged with their bad bets against certain companies driving them into bankruptcy with the naked short selling scheme. Therefore, should banks default and move into the bankruptcy process, then they should pay with the stolen money from the naked short selling scheme, which lays safe and sound at the cayman islands. Under no circumstances should the individual lose all his pension fund and insurances due to the greedy banks and short hedge funds. Banks and hedge funds need to be held accountable and shouldn't be bailed out due their misbets. The individual investors' money with their pension funds and insurances should be untouched. This proposal is a crime in itself, and the SEC which governs this, introduced the bill. So, does the SEC really want to safe the investors or as this SR-OCC-2022-803 bill proposes only the greedy rich, hedge funds and banks? Regards, your Chicka