Greetings, Shorting as a market practice is unfair and illogical. How can a person sell what they do not own? That should not be legal and seems like fraud, to be blunt. Self-reporting also does not seem to be working, and the ability for borrowed stock to be mis-marked is a serious issue. Shares need a better marking system to denote “borrowed” and “sold while borrowed (shorted)”, and a running tally until returned to the original lender. All short data should be traceable and reported in real time. That would be fair. Thank you for your time, Bonnie Pettis
Bonnie Pettis Comment On Regulatory Notice 21-19
Greetings, Shorting as a market practice is unfair and illogical. How can a person sell what they do not own? That should not be legal and seems like fraud, to be blunt. Self-reporting also does not seem to be working, and the ability for borrowed stock to be mis-marked is a serious issue. Shares need a better marking system to denote “borrowed” and “sold while borrowed (shorted)”, and a running tally until returned to the original lender. All short data should be traceable and reported in real time. That would be fair. Thank you for your time, Bonnie Pettis