Rachael Barr Comment On Regulatory Notice 21-19
More frequent public reporting of short positions is needed, more detail in public reports, and more transparency for the retail investor. The markets have become a corrupt and lopsided playing field that caters to big money and leaves the retail investor at a decided disadvantage. Hedge funds play by a different set of rules, and then get slapped on the wrist for the kinds of illegal activities that have become commonplace, such as naked shorting. The retail investor has lost confidence in (and respect for) a system that now needs an overhaul to clean up the corruption.