March 14, 2022
I see you're trying to increase transparency of short sales
Will this rule finally put an end to things like XRT having a short interest over 1000%? How can we have a market when supply isn't real? I understanding shorting is a tool to be used but right now its a sledgehammer and its smashing American dreams to pieces.
Please increase the transparency. Everyone is looking at these markets wondering why you don't do anything. Other markets are taking action to fight this why not the land of the free?
Please put an end to abusive naked short selling. No american stock needs some rich dude in one of his 100 million dollar homes to borrow money from the company to bankrupt the company. WE ARE LITERALY SCREAMING FOR REFORM.
Please end dark pools, payment for order flow, naked short selling, decrease clearing times.
In my humble opinion short interest should never exceed 50%. Everyone should know exactly, exactly, how many shares are in existence within a reasonable time frame of say a week. Enough selling things you don't own in the dark.