I would like to see accurate daily reporting of short interest of stocks including how many synthetic shares have been produced to short a stock. I would like all methods of "can kicking" FTDs through options chains eliminated. Short hedge funds should only be allowed to short a stock by actually borrowing real shares of stock for a specified period of time and must return those shares at a predetermined date. Too many loop holes exist for smoke and mirror tactics to be used to hid short positions seemingly indefinitely. This does not provide a fair and transparent market for the retail investor to make informed decision about stock purchases they are interested in making. Also abuse of dark pools by market makers to influence share price by delaying orders and hiding orders and filling orders at times other than which they were placed by retail is definitely something that needs to be fixed. Thanks for reading about my concerns
Dom Covello Comment On Regulatory Notice 21-19
I would like to see accurate daily reporting of short interest of stocks including how many synthetic shares have been produced to short a stock. I would like all methods of "can kicking" FTDs through options chains eliminated. Short hedge funds should only be allowed to short a stock by actually borrowing real shares of stock for a specified period of time and must return those shares at a predetermined date. Too many loop holes exist for smoke and mirror tactics to be used to hid short positions seemingly indefinitely. This does not provide a fair and transparent market for the retail investor to make informed decision about stock purchases they are interested in making. Also abuse of dark pools by market makers to influence share price by delaying orders and hiding orders and filling orders at times other than which they were placed by retail is definitely something that needs to be fixed. Thanks for reading about my concerns