I support this effort to improve the accuracy, requirements, and meaning behind the short interest metric. A more expansive reporting requirement that captures synthetic short positions would allow FINRA to be better able to understand market participants’ short sale-related activity. As synthetic short positions provide equivalent exposure, information on them may also provide investors and other market participants with similarly useful information on negative sentiment. I also hope FINRA will fully support any ongoing or future investigation by US Dept of Justice or other non-SEC, official bodies. Thank you.
Colin Comment On Regulatory Notice 21-19
I support this effort to improve the accuracy, requirements, and meaning behind the short interest metric. A more expansive reporting requirement that captures synthetic short positions would allow FINRA to be better able to understand market participants’ short sale-related activity. As synthetic short positions provide equivalent exposure, information on them may also provide investors and other market participants with similarly useful information on negative sentiment. I also hope FINRA will fully support any ongoing or future investigation by US Dept of Justice or other non-SEC, official bodies. Thank you.