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Source: https://www.sec.gov/news/statement/uyeda-statement-securities-lending-101323 Thank you, Chair Gensler. Under Section 984(b) of the Dodd-Frank Act, the Commission is required to promulgate rules “designed to increase the transparency of information available to brokers, dealers, and investors with respect to the loan or borrowing of securities.”[1]

Fact Sheet FICC’s Sponsored Service allows certain Netting Members to sponsor, as Sponsoring Members, eligible legal entities, as Sponsored Members, into FICC/GSD Membership. A Sponsoring Member is permitted to submit to FICC on behalf of its Sponsored Members, transactions in eligible securities for comparison and novation. Overview Sponsoring

Source: https://www.sec.gov/news/statement/peirce-statement-short-sale-101323 Thank you, Mr. Chair. In 2010, Congress directed the Commission to prescribe rules providing for the public disclosure of aggregate short sale position data on at least a monthly basis.[1] The final rule that we are considering today, however, goes well

Source: https://www.sec.gov/news/statement/peirce-statement-securities-lending-101323 Thank you, Mr. Chair. While providing transparency regarding securities lending is a worthy and statutorily mandated objective, the approach we are voting on today is not the right way to achieve that objective. Accordingly, I cannot support this recommendation. Though I do

Source: https://www.sec.gov/news/statement/lizarraga-statement-short-sale-101323 As with securities lending, short sales, provided they are conducted in compliance with applicable rules, can play a valuable price discovery role in our capital markets. That said, they can sometimes contribute to, or even cause, precipitous price declines, facilitate market manipulation,

Source: https://www.sec.gov/news/statement/gensler-statement-securities-lending-101323 Today, the Commission is considering whether to adopt a final rule regarding the securities lending market. I’m pleased to support this final rule because it will bring greater transparency and efficiency to this important part of the capital markets. Securities lending