Oct. 19, 2022
October 19, 2022 In your own words, short selling can drive down the price of a security. And yet you want to give fund managers leeway and report to you only once a month. How can this be if you are looking out for retail? How could reporting gross short to the commission once a month be an example of the SEC doing a proper job of protecting markets? These firms trade on the micro and milli scale and you want numbers once a month. Thats insulting. It should be hourly at the latest. Hiding, manipulating and obscuring data is not what the SEC should be helping firms do. And with this proposal you would create an environment to be taken advantage of even further by the large firms. Make short interest reporting immediate.