In order to achieve a true “ free market” system, retail traders must be provided with total transparency. There are seemingly endless ways for institutions and hedge funds to have the advantage, whether it be access to data, rule loopholes, or seemingly smoke and mirror processes. SSR is a total fabrication, as there are countless ways to achieve shorting while the ruling is in place. It is readily apparent that the market is completely rigged against the retail investor. Once that credibility is gone, many retail traders will never enter this market again, myself included. Short interest, along with synthetic shares, must be publicly made available to whoever trades in this market. We must make this advantage fair to everyone.
Chris Shu Comment On Regulatory Notice 21-19
In order to achieve a true “ free market” system, retail traders must be provided with total transparency. There are seemingly endless ways for institutions and hedge funds to have the advantage, whether it be access to data, rule loopholes, or seemingly smoke and mirror processes. SSR is a total fabrication, as there are countless ways to achieve shorting while the ruling is in place. It is readily apparent that the market is completely rigged against the retail investor. Once that credibility is gone, many retail traders will never enter this market again, myself included. Short interest, along with synthetic shares, must be publicly made available to whoever trades in this market. We must make this advantage fair to everyone.