Every share should be tracked with unique identifier/label. Every share should have to be located and lent only once. Every order should be delivered T+2 or fails mean large cost penalty, greater than or equal to price if share. Every short position updated with FINRA daily. Even the playing field.
Alex Mullins Comment On Regulatory Notice 21-19
Every share should be tracked with unique identifier/label. Every share should have to be located and lent only once. Every order should be delivered T+2 or fails mean large cost penalty, greater than or equal to price if share. Every short position updated with FINRA daily. Even the playing field.