Yes, short interest should be reported daily or at least weekly and in real time. Not you report today what interest was two weeks ago. Also why take a firms word for it what their short interest is. It should not be self reporting. Should be a system in place to confirm what they are reporting is true. Then finally, the most important thing. MAKE HEDGE FUNDS ACTUALLY REPAY THE SHARES THEY BORROW FROM TIME TO TIME. MARGIN CALL THEM. Someone shouldn’t just be able to keep borrowing forever. Constantly repaying months old shares that were borrowed forever ago and never actually getting caught up. This is not a fair market that any MM can commit fraud and not be held without imprisonments like the average American citizen can. They are ruining our democracy.
Anonymous-AC Comment On Regulatory Notice 21-19
Yes, short interest should be reported daily or at least weekly and in real time. Not you report today what interest was two weeks ago. Also why take a firms word for it what their short interest is. It should not be self reporting. Should be a system in place to confirm what they are reporting is true. Then finally, the most important thing. MAKE HEDGE FUNDS ACTUALLY REPAY THE SHARES THEY BORROW FROM TIME TO TIME. MARGIN CALL THEM. Someone shouldn’t just be able to keep borrowing forever. Constantly repaying months old shares that were borrowed forever ago and never actually getting caught up. This is not a fair market that any MM can commit fraud and not be held without imprisonments like the average American citizen can. They are ruining our democracy.