Every institution should have to report their short position(s) immediately and be made public. The time is takes for market makers to cover failure to delivers on the thresh hold list needs to be reduced from 13 days to 3 days. All failure to delivers should be reported T+2 days. The penalty for creating synthetic shares should be the same as creating counterfeit fiat. Fines for market manipulation should be equitable to said profits made by manipulation. High frequency trading should be illegal. Any entity should not be allowed to be a market maker and a hedge fund at the same time, this is conflict of interest and not legal.
Ben Lynch Comment On Regulatory Notice 21-19
Every institution should have to report their short position(s) immediately and be made public. The time is takes for market makers to cover failure to delivers on the thresh hold list needs to be reduced from 13 days to 3 days. All failure to delivers should be reported T+2 days. The penalty for creating synthetic shares should be the same as creating counterfeit fiat. Fines for market manipulation should be equitable to said profits made by manipulation. High frequency trading should be illegal. Any entity should not be allowed to be a market maker and a hedge fund at the same time, this is conflict of interest and not legal.