Track each share purchased with a universal number or identifier. Shorting a share must have a high collateral requirement which should be verified. Every order should be delivered T+2 or fails mean huge penalty. Every short position should be updated with FINRA daily.
Alex M Comment On Regulatory Notice 21-19
Track each share purchased with a universal number or identifier. Shorting a share must have a high collateral requirement which should be verified. Every order should be delivered T+2 or fails mean huge penalty. Every short position should be updated with FINRA daily.