Oct. 29, 2022
October 29, 2022 Short sellers must absolutely be forced to show short positions. I think we are currently in the middle of an age of \"financial terrorism\" where banks, hedge funds and other very large financial institutions have short positions so large, that if they were forced to close them - our economy would collapse due to bank closures and the inability of the FDIC to refund everyone's insured money. Without transparency into the open short positions, the FED / FDIC and the United States economy is at risk to the hidden short positions that exist. In addition - no one in another other business in the world can sell items they DO NOT OWN. Why is this allowed? How can a man get thrown in jail for ten years for counterfeiting US currency - but a large market maker can create millions of counterfeit shares it does not own - to sell short - which suppresses the prices of a stock via an infinite supply of shares in existence vs a small demand. If the reporting of short sale data was transparent and available - then the institutions in place to protect the United States from bad actors - could more easily identify those \"risky\" short positions and force them to be closed and delivered. Additionally, this would benefit the US from a tax position as well. How many undisclosed \"gains\" from short positions are sitting on banks, hedge fund and market makers \"books\" as \"positive\" entries on a balance sheet that have never been taxed?