This system is being absolutely abused by short sellers and transparency is not only needed but should have already been implemented. Everyone should have access to the same data, THAT is a fair and just market. Right now the market , AMC, GME , in particular are being manipulated through the use of ETFs and FTD to stall the process of covering shorts like they should. The consequence of these actions should not be a small fine , but 100% of the cost they would have lost had they covered.

I appreciate many of the actions that are listed. Requiring funds to post their short positions (whether synthetic or other) should absolutely be mandatory. The lack of transparency only creates opportunities for these funds to create illusionary positions and to skirt regulatory requirements. The greater the transparency these funds are required to maintain the greater the benefit to both regulatory bodies and individual investors. The only real issue that carries on regardless of any proposed changes is accountability. There are currently barely existent operations in terms of recourse.

As a retail shareholder and investor (equities and options) in multiple companies such as Tesla, Gamestop, AMC, along with the typical ETFs tracking the broader market I feel that we have not been well served by the current rules and system. The lack of transparency, limited reporting, and massive loopholes like synthetic short positions and loan obligations not being required to be reported in its current form is extremely troubling. How can the SEC and FINRA possibly ensure Reg SHO is being followed with so little data, and all data the is self reported no less?