Oct. 29, 2022
October 29, 2022 Lack of transparency in short positions is detrimental to the financial health of retail investors. Positions taken short against a company can be extremely abusive with the intent to drive the company into bankruptcy. Locates of shares are rarely enforced, and retail is given sketchy data to base their investments on. Reporting by media and financial institutions can show stocks shorted several times the total available shares, which is nothing but stealing. By enforcing rules to be more transparent on short positions this will not only help the retail investor make wiser decisions, but will also protect great American companies from driving into an unnecessary bankruptcy at the greed of a few bad actors.