Aug. 24, 2022
August 24, 2022 I explicitly support transaction-by-transaction reporting because it eliminates the ability to \"hide within the aggregate\" transparency means transparency and aggregates are not transparent. I explicit support the 15-minute reporting requirement. The cost and effort are wholly justified to prevent fraud and prevent hiding in loopholes. Victimized companies need a greater ability to defend themselves against predators. \"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 and undermines the very integrity of the United States financial markets. Furthermore, Retail will benefit from increased transparency. We have a much better idea of the risks of our decisions and transactions if we can see who is targeting 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. Thank you.