John Spillane Comment On Regulatory Notice 21-19
Thank you for the opportunity to make comments. I will begin by saying that short selling should be banned in the United States. It is antithetical to the law of supply and demand, is being abused by hedge funds and market makers and obscures transparency. Seeing as how FINRA and the SEC will not ban short selling here are some of my other suggestions 1. Each Individual Stock Share should have a unique identifier attached. No transaction should take place without the specific share unique identifier being transmitted to the buyer or borrower.