Oct. 08, 2022
October 8, 2022 I support transaction-by-transaction reporting because it eliminates the ability to hide within the aggregate. Transparency means transparency and aggregates are not transparent. Secret short selling could dissuade actual investment as funds attempt to glean profit off the backs of true investors. I support the 15-minute reporting requirement, the cost and effort are justified to prevent fraud and prevent hiding in loopholes. Working families and everyday people are victimized by financial predators and The SEC's new strategic plan puts them front and center. Victimized companies need a greater ability to defend themselves against true competitors and short selling in the dark harms true competition and price discovery. A short seller is not an investor, but the opposite.