March 2, 2022
Obfuscation of short sale data poses massive risk to our markets and actions to address its transparency should be addressed with immediate action.
Rampant short selling abuse is a threat to the integrity of our markets as has been demonstrated by the events surrounding GameStop and the SEC's subsequent report on that topic. Accuracy of the short selling data is critical to ensuring that this abuse does not take place in the future.
I urge the SEC to put in place STRICT requirements for this financial practice who's disclosure is not required AT ALL in current 13F filings.
The lack of this data SEVERELY cripples the authority and efficiency of the SEC. Our markets are still at massive risk so long as our enforcement remains \"in the dark\" to practices that can easily be abused for financial gain.
I, a retail investor, am overwhelmingly in support of the proposed rule filing and urge that it be implemented immediately.