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2021069256901 Samuel C. Lohner CRD 7064052 AWC jlg (2021-1628727759753).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2021069256901 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Samuel C. Lohner (Respondent) Former General Securities Representative CRD No. 7064052 Pursuant to FINRA Rule 9216, Respondent Samuel C. Lohner submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

Laura Ritter Comment On Regulatory Notice 21-19

As a small retail investor it is obvious that shorting has become a way to rig the game against the retail investor and against companies vying for survival. This practice of shorting and the illegal practice of naked short selling makes our financial system look like a stool with three legs…. Not very stable. If we don’t fix the glaring problems in this system where the scale is so clearly unbalance it will be a much bigger problem than if the problems were just fixed and the playing field leveled. Do what’s right for the entire market, The market is suppose to be fair.

Joan Mwangi-Smith Comment On Regulatory Notice 21-19

Rule 1. All short sale shall be reported to finra by end of each settlement day. Rule 2. Finra shall make public report the day to day short sale by end of settlement day or the trading week. Rule 3. All unused loaned shares shall be reported to finra by end of settlement day. Rule 4. Finra shall make public the outstanding unused loaned share by end of settlement day of a trading week. Rule 5. All threshold securities sho regulation shall be reported daily with full accounting of fail to deliver end by end of settlement day. Rule 6.

Charlotte Roth Comment On Regulatory Notice 21-19

My comments submissions are: 1. The purpose of this change is to improve transparency within the market to counter fraudulently or bad actors having the ability to circumvent reporting mechanisms for their own gain, and often the loss that retail investors suffer as a result when operating within the market. This premise should underpin how all comments are reviewed and revisions incorporated. 2.

Ian McKinnie Comment On Regulatory Notice 21-19

Market makers should not be allowed to have positions in the market, especially short! Anyone could see why this is a major conflict of interest. They have the tools and access to enough money to manipulate a stock price in their favor. The lack of transparency when it comes to shorting activity/positions by market makers and hedgefunds is hurting retail trader confidence as well! How is 50-60% daily darkpool trading on $AMC allowed when retail don’t have access to this trading method?

Rex Reese Comment On Regulatory Notice 21-19

If short sellers can lower the price of a stock, they must be bound to honor the transaction. Through numerous holes in the system, short sellers are able, without serious legal or financial repercussions, to drag out settlement (apparently) indefinitely or avoid settlement altogether. Utilization of such settlement avoidance techniques is a violation of Federal law. That is, crimes -- a (RICO) pattern of crimes. Execution of many of the techniques requires knowing cooperation of brokers, market makers and others. Regulators are smart enough to know these techniques.