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Andrea Hazard Comment On Regulatory Notice 21-19

Andrea Hazard

More in-depth information should be readily available, and the loop holes that exist be closed or at least monitored better. Regularly audit the reported positions to ensure the self reporting is accurate and fine (or penalize in a way that will actually deter the same actions in the future) entities that misreport. This would include going deep to ensure that no shorts are being hidden in long options contracts, or mislabeled as long positions. Require that exchanges report failures to deliver and naked shorts alongside covered shorts.