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Matt Caucci Comment On Regulatory Notice 21-19

Matt Caucci

You should only be able to short positions you own. Dark pools should be off limits and to curb that, I believe DTCC 005 now requires, or will require, to mark/stamp each shorted stock as to prevent them from being naked shorted. We need to punish the market manipulators who are naked shorting shares they don't own (Naked shorting). Without oversight, this market manipulation will continue and it could really hurt not only retail investors but the companies that are being publicly traded. We should also ensure that no one with a conflict of interest is serving on an oversight board or in an oversight function. Fraud will result if you allow for these "conflict of interest" people to be in charge of oversight.