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George Pichirallo Comment On Regulatory Notice 21-19

George Pichirallo

It’s obvious shorting has a role to play in today’s market, but also has huge potential to be abused! When very large Hedge Funds or brokers can leverage their short positions by buying shares in a dark pool it becomes predatory because those buys have no affect on market price. This allows short position players to hold short positions longer than they should. If a time or price restriction was out in place I think it would help alleviate these predatory and manipulative practices.