FINRA 21-19 represents a ground shaking step towards improving the transparency and ultimately the freedom of the United States' market. Up until now, FINRA's archaic short interest reporting standards have facilitated exploitative and irresponsible market practices that threaten both free competition and the stability of the market.

It is unbelievable that such obvious corruption is not punished. Are our markets complete ponzi schemes? Haven't we learned this lesson already? It must be fixed. What will I tell my children? An example must be made!

I am writing as a humble retail investor. Recent events and research have demonstrated that the entire securities market is built around big players taking money directly from retail investors and legitimate corporations who have zero recourse. The current system for reporting short sales is laughably ineffective. It is completely obscured from retail traders, intentionally preventing free trade based on equal knowledge. Naked short sellers are able to collude to drive down the price of a stock with a limitless supply of fraudulent shares.

Short selling and rehypothecation has been used to the detriment of retail investors and is threatening to destroy the entire market structure if left unchecked. Stricter reporting of positions, including naked shorts should be happening already. Brokerage firms, market makers, and other financial institutions were never meant to have as much control over the financial markets as they currently hold.

Short Interest reporting AND ENFORCEMENT needs to improved at multiple levels. No hedge fund or investor should be given an excuse to hide what they are doing or to delay reporting or masking it in creative work arounds. 21-19 is a vast improvement. As a retail trader for decades >40 years. It’s about time more reporting and penalties for institutions and investment funds are ratcheted up. Please do not let the big guys voice be louder and more important than mine.

I want to see full and immediate transparency for short interest and FTDs. This is a needed requirement if this market is ever going to be free and equal.

21-19 is long overdue and absolutely necessary, my prior comment was rescinded

As a retail investor, I believe all of the proposed changes should be enacted. Transparency is a requirement for our markets to remain fair and free. Gamestop had a short interest of 140% of the float at one point in December 2020/January 2021 which lead to the WallStreetBets short squeeze and subsequent trading restrictions because of systemic risk. If the short interest had been reported on a more frequent basis, this "idiosyncratic" systemic risk would have been more visible and could have been tackled in a different way other than restricting trading.