Kristopher Thibert Comment On Regulatory Notice 21-19
I would like to see automatic reporting of shorts and short interest and not self-reporting. I have a three year old and if I'd ask her to self-report when she does something wrong life would be peachy. The brokers, market makers and multitude of firms, funds, offices and other institutions have shown that they are unreliable or downright fraudulent when it comes to reporting. They should not be allowed to do so when lying is in their best interest, financially or otherwise. Asking financial terrorists to turn themselves in is doomed to fail.