Current rules/regulations that are in place to monitor/report short selling and positions associated with short selling are entirely inadequate. Rules in place that allow for many loop-holes including short exempt, married calls/puts and dark pool activity + high frequency trading leaves currently regulations looking like swiss-cheese. Abuse from market makers and hedgefunds that are paid in gold toilets and $100 bill toilet papers needs to stop. The SEC needs to pre-empt these issues and address them immediately before the free-market becomes the laughing stock of the world.
Phillip Nguyen Comment On Regulatory Notice 21-19
Current rules/regulations that are in place to monitor/report short selling and positions associated with short selling are entirely inadequate. Rules in place that allow for many loop-holes including short exempt, married calls/puts and dark pool activity + high frequency trading leaves currently regulations looking like swiss-cheese. Abuse from market makers and hedgefunds that are paid in gold toilets and $100 bill toilet papers needs to stop. The SEC needs to pre-empt these issues and address them immediately before the free-market becomes the laughing stock of the world.