March 7, 2022
Short Position and Short Activity Reporting by Institutional Investment Managers should not be self-reporting. All trades that take place in the U.S. Stock Market should be required to be routed through a transparent and publicly viewable platform that acts as a checkpoint, regulated and monitored by a government authorized organization. This organization should not be privately owned. \"Naked Shorting\" activity detected should automatically enable an authorization of suspension of trading of a stock for review. All shares of all stocks in the U.S. Stock Market should be coded with unique identification numbers. These \"UINs\" should be required for submission for every trade that takes place on all exchanges, going first through the transparent platform (checkpoint) before arriving at live markets. Every time a share is traded, its \"UIN\" must be submitted with the share along with information of buyer, seller, time, and date. If \"UINs\" are not submitted with required information, that institution should be barred from trading and placed under review until regulatory agency is satisfied or the trade should not be allowed to be completed but should be rejected by the \"transparent checkpoint platform.\" All of these records including \"UINs,\" buyers, sellers, time, and date should be posted daily to a database which is available for public viewing at all times. \"Dark pools\" should be outlawed and replaced with a transparent trading platform operated by a government authorized regulatory agency to maintain the \"plumbing\" needs of the market. This also should not be privately owned. This is the year 2022.