Subject: SROCC-2024-001
From: Bart Phillips
Affiliation:

Feb. 5, 2024

I am against this proposed rule because it promotes corruption. Shortselling should be limited/ banned as it is inherently a tool for insider trading and corruption between brokers and traders against stockholders and corporate regulation. 


Why would a stockholder loan shares to someone who's intent is to destroy the value of those same shares. This is clearly a tool being abused by crooks to steal from the general investing population. 


Your job is to prevent this abuse, not contribute to it. 


Bart Phillips.