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Daniel Rönsholdt Comment On Regulatory Notice 21-19

Daniel Rönsholdt
Analyst

Good evening FINRA, While these increased reporting requirements around the currently broadly abused short selling practices in the stock market (including naked shorting, mis-reporting longs as shorts, re-hypothecated shares, married puts/calls, and fails to deliver) are a step in the right direction, the proposed changes do not go far enough to provide transparency and fairness to the public. I strongly suggest you consider providing all of this data to the public - the number of settled legal cases around predatory short selling (market manipulation) by major market makers, brokers, hedge funds, and banks in the past 2 decades show that it is an area ripe with fraud, with insufficient regulation and especially, insufficient transparency to the public. Fraud exists in darkness and secrecy and it is far past time to shine a light on this. At the very least all proposals should be implemented with continued progression towards more transparency and accountability. Anything less would be a disgrace to not only the United States of America, but to the whole world. I have faith in that the system of our global society, built by the people for the people, will do what is right in these extreme times. Thank you. Sincerely, Daniel Rönsholdt