Aug. 16, 2022
August 16, 2022 More transparency in lending is a must for market stability. Quicker reporting will only create less manipulation in shorting and lending. The current reporting on lending allows those with high short interest to juggle liabilities. Hiding behind the shadows of longer settlements and requirements is why we're in such a dire market in the first place. I'm all for this rule in bringing more information into the light. Shorting is a fine in my book as long as those shorts close. Shorts and lending is meant to be a short-term position in light of fraud. At this moment, that's been perverted to abusive shorting (In times naked shorting) to destroy american companies to bankruptcy and de-listing. This is not a free market. Shorts are yet still not closed even after de-listing and are used as collateral for loans. This causes even more leverage causing the highest inflation levels we've ever seen. Institutions will of course say otherwise. They'll no doubt be against this and say it's for stability and security of clients. This is a smoking gun with mirrors as they're just continue to make the markets more unstable and less secure with all the tools in their disposal. Allow the rule to go through. This will only have more good outcomes for our future.