Oct. 29, 2022
October 29, 2022
Short selling information needs to be updated, monitored and delivered by the SEC. It needs to be automatically reported, not self reported. Failure to disclose short positions should be impossible not a fine. A fine is a cost of business. It splits the population into those who can pay it and those who cannot. Thats not a fair market. We need a ground truth, a better market system to avoid misleading the public with bad short data. Its a predatory practice that results in retail holding the bag for securities with FTDs that get rolled into swaps or can kicked in another way. Its impossible to track with self reported data and makes it so that insiders can manipulate the entire market in their favor. Please, I beg you, make the market fair for everyone and make short interest impossible to lie about and release the honest relevant data frequently and freely to the public. We are counting on you to protect us.