Oct. 30, 2022
October 30, 2022 I raise my strong support for transaction-by-transaction reporting - this kind of transparency will eliminate the ability to 'hide within the aggregate'. I would like to explicitly support the 15-minute reporting requirement - though it incurs high cost and effort this would immensely prevent fraud and hiding in loopholes. It is not an uncommon opinion that short sellers are viewed as financial predators - victimized companies need a greater ability to defend themselves as their (short sellers') practices massively(exclamation mark) affects working families and everyday people. Retail will benefit greatly from increased transparency by giving the public such access to monitor short selling data, it creates a very desirable phenomenon of the public serving as first-line watchdogs, which will greatly strengthen the SEC at not cost. Securities lending activity can hide massively destructive chains of obligation that can even be a threat to national security, and so transparency in this area is more important than it has ever been.