I would like for institutions to report naked shares and synthetic shares on a regular basis. The realistic option would be design a system that would not allow naked shorting. A system that would not even make it possible for them to naked short or sell synthetic shares. It puts retail traders at a disadvantage. On a side note, hedge funds are no longer needed. It's an outdated and unnecessary business entity that shouldn't exist. Just dissolve hedge funds. Hedge fund employees are intelligent enough to find jobs in other areas of the economy where there is a real need.
Jason Comment On Regulatory Notice 21-19
I would like for institutions to report naked shares and synthetic shares on a regular basis. The realistic option would be design a system that would not allow naked shorting. A system that would not even make it possible for them to naked short or sell synthetic shares. It puts retail traders at a disadvantage. On a side note, hedge funds are no longer needed. It's an outdated and unnecessary business entity that shouldn't exist. Just dissolve hedge funds. Hedge fund employees are intelligent enough to find jobs in other areas of the economy where there is a real need.