I believe in transparency. Major players in this market push and pull the price of a security to profit with derivatives or push and pull with derivatives to profit of a held security. In spite of the intentional charade to act oblivious and pretend it all was just simply speculation, larger players use brute force means as an investment strategy with arguably plausible deniability. I believe the solution to that is complete disclosure disseminated not only to the market but the market participants, especially those who might be unwilling or unknowing participants. I believe that short interest, short volume, borrows, and returns should be publicly available on a daily basis. If the intention of the participant is simply speculation, the increased short interest should serve as a valid counter argument to the bullish thesis. If the intention is to muscle a securities price into a specific level, this should also be evident, thus exposing these brutes to market participants that would theoretically keep these brutes in check. Technology has unencumbered the ability for such transparency. So, I ask myself and you, why would we choose to operate in an environment where the very lack of this transparency has historically been used as a tool to manipulate the market and cheat the participants?
Brandon Comment On Regulatory Notice 21-19
I believe in transparency. Major players in this market push and pull the price of a security to profit with derivatives or push and pull with derivatives to profit of a held security. In spite of the intentional charade to act oblivious and pretend it all was just simply speculation, larger players use brute force means as an investment strategy with arguably plausible deniability. I believe the solution to that is complete disclosure disseminated not only to the market but the market participants, especially those who might be unwilling or unknowing participants. I believe that short interest, short volume, borrows, and returns should be publicly available on a daily basis. If the intention of the participant is simply speculation, the increased short interest should serve as a valid counter argument to the bullish thesis. If the intention is to muscle a securities price into a specific level, this should also be evident, thus exposing these brutes to market participants that would theoretically keep these brutes in check. Technology has unencumbered the ability for such transparency. So, I ask myself and you, why would we choose to operate in an environment where the very lack of this transparency has historically been used as a tool to manipulate the market and cheat the participants?