R. Wolfe Comment On Regulatory Notice 21-19
1. T+0 settlement 2. Market Makers cannot be hedge funds. 3. Stock in hand rule ie short seller must have found and received stock before it can be shorted. 4. Public list of every entity which short sells a stock. 5. Maintenance requirement to short a stock to be cash only with zero marginable securities used as collateral. 6. Fine for Naked Short Selling enhanced to 1000% of stock's value plus lifetime ban from all trading activities, to include consulting services offered. Also, all monies made secondary to short selling must be forfeited.