Jan. 20, 2023
January 20, 2023 The SEC is the way for the public, both retail investors and those who's investments are under corporate custody, to hold financial wrongdoers to account. Requiring that market makers and hedge funds must report gross short position without all the hidden swap covering noise allows the SEC to work more efficiently. Enforcement of mandatory reporting (which everyone assumed was already required), including all derivatives such as options, swaps, and anything else is necessary for informed decisions and true price discovery. I also support the SEC in the proposal of a new order mark \"buy to cover.\" Finally, it appears that the SEC is trying to implement rules that cut through all the bull so they themselves can understand exactly how deep of a hole exists on heavily shorted tickers. Who knows how many hardworking Americans lost their jobs through Wall Street crooks naked shorting unlucky companies into bankruptcy. I support any proposed change that allows for sunlight to shine on the unethical behavior, but please also enforce the rules we already have.