March 1, 2022
I am in support of this proposed rule.
Increased information about marking trades as buy to cover and including reporting of large short positions held by institutions is a good thing for the market. Shorting a stock, as the paper details, can be used for market manipulation and increased reporting requirements are a good thing.
While I am in support of greater visibility, these rules will mean nothing if they are not enforced with strictly, swiftly, and with maximum punitive actions. The enforcement need to actually be great enough that no matter what situation, breaking of these rules is always a WORSE outcome.