As long as its possible to sell a share short - but mark it as long - any additional reporting visibility and / or frequency will be diluted by fraudulent data. The only thing that matters is forcing delivery of securities at settlement. As long as its possible to ftd a security sold and never ever deliver it, while at the same time accepting the money for it - none of the rest of this [REDACTED] matters. The problem is failing to deliver what is being paid for aka theft. Fix that glitch and nothing else need be changed.
Scott F Comment On Regulatory Notice 21-19
As long as its possible to sell a share short - but mark it as long - any additional reporting visibility and / or frequency will be diluted by fraudulent data. The only thing that matters is forcing delivery of securities at settlement. As long as its possible to ftd a security sold and never ever deliver it, while at the same time accepting the money for it - none of the rest of this [REDACTED] matters. The problem is failing to deliver what is being paid for aka theft. Fix that glitch and nothing else need be changed.