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Bonnie Pettis Comment On Regulatory Notice 21-19

Bonnie Pettis

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