Oct. 08, 2022
October 8, 2022 I am a strong supporter of transaction by transaction reporting. It is clear that aggregated reporting is not transparent and provides far too much rope where fraud can be hidden in aggregates. Why should one individual or entity have to suffer a worse execution whilst another individual or entity benefits from a better execution, just because it is more convenient for certain institutions to report their short selling practices in the aggregate? It is wholly unfair and contrary to the requirement of best execution and so it should be a mandated requirement for transaction by transaction reporting. In conclusion, I support the Short Sale Reporting rule in its current format and recommend that this should be enacted in it's current format to help all manner of investors better understand the risks involved with the investments they are making, before they are making them.