Creating synthetic shares is the same as counterfeiting. Put some teeth in your fines. Rigt now, the fines are so small, it's just a cost of doing business to these big companies. Do better at investigating nakedshorting and up the fines. All shorting, no matter what exchange, should be reported and made public. Get ridof dark pools. And for pete's sake, it's 2021. Why isn't settlement immediate or at least by end of business
Samuel Sisco Comment On Regulatory Notice 21-19
Creating synthetic shares is the same as counterfeiting. Put some teeth in your fines. Rigt now, the fines are so small, it's just a cost of doing business to these big companies. Do better at investigating nakedshorting and up the fines. All shorting, no matter what exchange, should be reported and made public. Get ridof dark pools. And for pete's sake, it's 2021. Why isn't settlement immediate or at least by end of business