January 27, 2022
I think detailed timely (same day or even instantly) is the way to go, we need to know who is shorting, what they are shorting, if they are ftding this needs to include etfs as well as stocks. If say the rules dont go far enough and that family accounts should need to report. Keeping this info private helps only shorters which we(retail) are constantly told by media, sec, finra, fed and more that it doesnt happen much. So whats the harm if this has to be publicized? Unless we are being lied to.
Not having this info public makes for an uneven playing field where longs have to be reported but shorts become a mysterious mythical being that exist but yet supposedly dont. Even the playing field a bit. This needs to include swap positions too. Seeing that the otc and options regulators seems to not give a crap. And they suspended swap reporting for all of 2022. Why one needs to ask.
I think it needs to go further even more. I think if a shorter runs owns or is invested in, has interest in or owns part of a corporation that owns rights to a news company or website related to financial industry, they they need to declare in big red letters (on a different color background, easily readable) display the stocks they are short on and that they are short. There are many uh financial news sites that are hedge funds and there is a huge conflict of interest there that could be easily shown to users by requiring approptiate disclosure at the top and first thing viewed when landing on their sites.
We need to get a true understanding of how prevalent shorting is in this industry, we are told it is minimial, but if you look around, the signs are everywhere that its rampant. It becomes a succubus on the system and ends up doing more harm than any supposed good it provides.
Again including swaps in the reporting is needed now as many institutions have already moved to using swaps vs shorting directly themselves.
This is a good first start but you need to go a heck of a lot further to make the actual change we need to see in this markets.
Also infinite liquidity on a fixed quantity item = infinite fraud. When you say most liquid markets in the world, i hear most fraudulent markets in the world. Come on guys, gals a cis you can do better.