Al Pom Comment On Regulatory Notice 21-19
As a retail investor i’m strongly in favour if these changes to the gathering and publishing of data regarding short positions and the regulation of options based synthetic-share creation. These rules are a strong step forward in protecting the interests of everyday shareholders, those who invest the most, and have the most to lose when abuse, corruption, malfeasance, or negligence are allowed to run rampant across markets. Free markets require transparency, visibility, trust, and value. The creation of phantom, or synthetic, shares, and the failure to properly obtain visibility into short activity, puts investors at a disadvantage to market makers and corrupt actors. I strongly support these changes and favour more progressive actions be taken to provide security, transparency, and confidence to US bases securities and markets.