Aug. 16, 2022
August 16, 2022 I agree with this rule regarding reporting every 15 minutes as it increases the transparency of short sale reporting. I believe this is of utmost importance considering how US Market Makers have been abusing the Reg SHO's locate requirements to sell stock short without having located shares before doing so. An example of this recently was IMC who were fined $125k for doing so. I believe this rule will help prevent this from happening in the future and will also prevent firms abusing this and paying the fine as a \"cost of doing business\".