Aug. 16, 2022
August 16, 2022 Continuing to allow large funds the ability to short companies from the shadows allows them to essentially run legitimate businesses into the ground while raking in huge profits when the stock is delisted and the company bankrupted. This in itself incentives other behaviours such as sabotaging the companies through implanting hostile members to the board, paying for negative media hit pieces and sowing disinformation. This directly negatively affects retail investors to continue to allow wall st to operate in the shadows behind an aggregate or T+1 reporting as they have enough time to cook their reporting to reduce transparency. Increased transparency and faster reporting benefits retail tremendously and hurts wall streets ability to steal from the market with reckless abandon. This is why there is a significant pushback from hedge funds and market makers, they do not want this rule to pass because in doing so they will lose their ability to steal from the market and profit from destroying companies and jobs with their hidden shorting ability. Shine a flashlight on this activity and keep all participants in the market honest