I wholeheartedly agree with the proposed short interest reporting changes in this notice and continued heightened supervision of short interest reporting. I’m a believer that synthetic volume defiantly counters a fair and free market. Retail traders have continuously been walked over by the “system” since the stock markets inception. As a fellow regulator, I know first hand the importance of “full disclosure” in our industry and this rule will help enforce that. State regulators constantly look to FINRA the SEC for guidance on a variety of rules and regulations. This is one that the world will be watching as well. Please continue to do your part in promoting an honest and fair market for ALL.
Evan Vigiano Comment On Regulatory Notice 21-19
I wholeheartedly agree with the proposed short interest reporting changes in this notice and continued heightened supervision of short interest reporting. I’m a believer that synthetic volume defiantly counters a fair and free market. Retail traders have continuously been walked over by the “system” since the stock markets inception. As a fellow regulator, I know first hand the importance of “full disclosure” in our industry and this rule will help enforce that. State regulators constantly look to FINRA the SEC for guidance on a variety of rules and regulations. This is one that the world will be watching as well. Please continue to do your part in promoting an honest and fair market for ALL.