Oct. 08, 2022
October 8, 2022 When short-selling practices occur in the dark and 'current' short-sale information is provided after a position has been formed, retail investors cannot be aware of the risks that they take on when buying securities. This is a flatly unequal distribution of power. I support the intraday 15 minute reporting requirement. The cost and effort involved with this is justified to help in early identification of abusive shorting practices, to reduce the ability of toxic market participants to hide behind loopholes and to attempt to prevent such fraud occuring in the capital markets. After all, it is the ethical function of the SEC to perform with these responsibilities in mind.