Aaron B Comment On Regulatory Notice 21-19
The revelations of opacity around short selling, trade settlement, and unlit off-exchange trading is deeply troubling and an abomination to the ideals of free and transparent capital markets. The delay and self reporting of short interest, coupled with lack of meaningful deterrents like imprisonment or material fines (fining Robinhood $70 million for their role in the January Gamestop shenanigans is an amount so paltry relative to their revenue and profit, it can only be considered a bribe), results in daily market manipulation and theft from the average retail investor.