Oct. 08, 2022
October 8, 2022
I am writing in strong support of transaction by transaction reporting. Currently, aggregate reporting is not transparent, is provided much too late for retail to weigh risk, and provides far too much opportunity for fraud to be hidden. Why should the convenience of some come as at the expense of others? Best execution should be provided to all. How are retail investors be aware of the risks that they take when short selling practices occur in the dark and 'current' short sale information is provided long after a position has been entered into? I vehemently support the intraday 15 minute reporting requirement.
Predatory short selling should be exposed for both retail investors AND companies that are victims to the practice. Short selling in the dark harms true competition and price discovery. The enactment of this rule would is a step toward leveling the playing field.
There is nothing \"free and fair \" about a market that favors some.