Oct. 12, 2022
The reporting of short information has been a requirement of the Dodd-Frank act since the inception. That we are now in 2022 and it has not been implemented is a sign of just how much manipulation is happening within the market via shorts. All investments carry risks, whether you are a Hedge Fund or a Retail Investor - choosing to make an investment, you accept those risks. However, fair, timely and accurate access to reporting data to make an investment decision is fundamental to the market being fair to all participants. It currently is not. In fact, from my experience in the markets, short selling is out of control and being used as a cudgel against retail investments. Failure to implement strict reporting guidelines with few, if any loopholes, including fines for misreporting and more serious consequences for ongoing abuse of improper or incorrect reports will continue to cause the market to be unbalanced and susceptible to volatility events. -- It's not the games we play that show our humanity, it's the way we play them.