Mililani Comment On Regulatory Notice 21-19
As it stands, I see no reason why any of the bad actors will accurately mark or report their positions. Even with a condensed reporting timeline, there is no vehicle for FINRA to keep track of mismarked/illegal/synthetic/etc. short positions. Recommend that stocks released by companies should have tracking numbers so that short positions shall be required to have a one for one trace via tracking number to an actual position. Either this, or use publicly accessible blockchain technology to trace long and short positions.