Oct. 30, 2022
October 30, 2022
I am in favor of requiring institutions to report short sales. The market makers and hedge funds have been allowed to short good companies to death for profit.
The funds are not building things, improving things, or making life better for anyone but themselves. We should move the stock market in the direction of transparency, as the transactions that are hidden are destroying the financial markets. How can the SEC provide oversight of something they cannot see?
This proposal is essential to moving us in the direction of a fair market- I just hope it is not too little too late.