Oct. 08, 2022
October 8, 2022 The proposed rules sounds like a good place to start to restore trust in the market. Share lending without a locate should be illegal. With more transparent and frequent reporting, abusers of the market should find it harder to manipulate the market with aggressive naked shorting. It should also allow for better tracking of FTDs of the illegal shorting schemes. It's time to adjust the field just a fraction towards families whose retirements and assets appear to be used more and more as the ante by the hedge funds at the Wall Street casino. (I say adjust the field, because leveling would never happen. But at least give us a fighting chance)