Oct. 09, 2022
October 9, 2022
I support the 15min reporting of short positions. Undeclared short positions are the biggest threat to the security of the financial market due to the domino effect of rehypothecated derivatives.
Ultimately, the ones to pay the price is the taxpayer, which the SEC has sworn to protect.
This rule will encourage honest short selling only on securities that are truly deserving of it which is the whole purpose of short selling in the first place, rather than its current incantation of price manipulation and cellar boxing to allow other competitors to gain an advantage.