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Peter Smith Comment On Regulatory Notice 21-19

Peter Smith

In a fair and free market there should be absolute transparency. The number of shares shorted should be available in real time, during trading hours. No more dark pool trading. Every single share sold should be reported and able to be located at any time. Market manipulation is rampant and hurting retail investors. Naked shorting and FTDs should carry heavier penalties, always more than the profits gained, and be forced to close out their positions much sooner or face total trading restrictions.