Apr. 20, 2022
This seems to be another attempt to let naked shorters off the hook. They already have an absurd number of loopholes that remain open for them to fraudulently keep FTDs open indefinitely and now we’re trying to make rules that allow them to close their positions without ever buying in? Are we trying to completely remove any semblance of supply and demand from the market? That certainly seems to be the case. Close the loopholes and stop allowing the naked shorting to continue.