David W Jimenez Comment On Regulatory Notice 21-19
David W Jimenez
N/A
Short selling has not gone beyond simply providing for market liquidity and has become a method to destroy shareholder value. New rules (or better enforcement) need to take place to prevent this from continuing. Start by forcing all brokers to default their clients' positions to "not lend." This will restrict the available shares. Additionally, mandate that all short positions transparent and list exactly who and when the shares where lent. It appears to day, given the massive level of FTDs, that naked shorting is happening, illegally, on a mass scale.
David W Jimenez Comment On Regulatory Notice 21-19
Short selling has not gone beyond simply providing for market liquidity and has become a method to destroy shareholder value. New rules (or better enforcement) need to take place to prevent this from continuing. Start by forcing all brokers to default their clients' positions to "not lend." This will restrict the available shares. Additionally, mandate that all short positions transparent and list exactly who and when the shares where lent. It appears to day, given the massive level of FTDs, that naked shorting is happening, illegally, on a mass scale.