Aug. 16, 2022
August 16, 2022 I support transaction-by-transaction reporting because it eliminates the ability to \"hide within the aggregate\" transparency means transparency and aggregates are not transparent. I support the 15-minute reporting requirement, as the cost and effort are justified to prevent fraud and prevent hiding in loopholes. Additionally, victimized companies need a greater ability to defend themselves against predators, and \"short selling in the dark\" harms true competition and price discovery. The idea that a small number of short-selling funds \"know best\" and can hammer unsuspecting companies in the dark is shameful. Furthermore, retail will benefit from increased transparency. As a retail investor, we have a much better idea of the risks of our decisions and transactions if we can see who is targeted which companies. If funds are allowed to short in the dark, retail investors remain dangerously unaware of the risks they take on when purchasing securities.