Jay Herrin Comment On Regulatory Notice 21-19
I appreciate the opportunity to submit comments on Short Interest Reporting. I am not against short selling, and as a retail investor I have made some very profitable trades over the years on the short side. However, I was always required to locate the shares, request to borrow and confirm they were received before I could enter the position. I am concerned that the current rules are not being followed by the institutional firms, and they are not being enforced by governing bodies. If the reporting requirements were more frequent I think this would help.