Oct. 31, 2022
October 31, 2022 Short selling has been around for a long timealmost 200 years It is at its core a speculative investment. It had its uses too when physical stocks traded on the stock floor. However, with the current advances of technology, this 'tool' has bee repurposed to make money providing liquidity to the markets without a corresponding growth of oversight. If sales of products are being battled between microseconds, public data for this type of transaction on a DAILY basis is a slap in the face for transparency. Rules should also apply to shorting EFTs as they have become a great way to affect the value of a product without much, if any, oversight. Efforts should be made for as close to real-time transactions as possible to validate the true value of a product. I feel that institutions that handle these market transactions or provide liquidity to the market should NOT be allowed to postpone or pushback on rules or their enforcement dates, as it just allows them more time enact schemes that neutralize or enable loopholes to such enforcement. As an investor, I would prefer that new rules or edits should be proven that they can't be used for 'off-label' purposes. They should also provide enough data to be able to reconstruct the exact mechanics that led to a change in the value of a product.