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Sean Wilson Comment On Regulatory Notice 21-19

Sean Wilson
N/A

Finra should be monitoring short sellers and hedge funds more closely and more frequently and should be disclosing short positions on at least a t+3 basis including dark pool transactions. Also finra should mandate much more transparency in the market including but not limited to taking away the ability of hedge funds to hide short positions by not accurately disclosing their positions in reports. Why would any sane hedge fund report themselves for intentionally commiting a criminal act such as naked shorting yet current regulations require them to report themselves as the only way for them to actually be caught and reprimanded.