Aloha, The fact that short sale reporting is self reported is incomprehensible. The current standard for short sale reporting has allowed and incentivized certain institutions to conduct illegal activity with short and distort schemes. With the technology we have today the standard for short interest and short sale reporting must be updated. Short interest position and short sale reporting need to be mandatory and ENFORCED daily. There is no excuse for anything less then daily mandatory reporting. Transparency matters, equality matters, retail investors matter.
Bryan Comment On Regulatory Notice 21-19
Aloha, The fact that short sale reporting is self reported is incomprehensible. The current standard for short sale reporting has allowed and incentivized certain institutions to conduct illegal activity with short and distort schemes. With the technology we have today the standard for short interest and short sale reporting must be updated. Short interest position and short sale reporting need to be mandatory and ENFORCED daily. There is no excuse for anything less then daily mandatory reporting. Transparency matters, equality matters, retail investors matter.