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Danielle Choi Comment On Regulatory Notice 21-19

Danielle Choi
N/A

ALL shorts positions must be made public to curb illegal abusive naked short selling. This proposal doesn't go far enough to prevent this practice; for the majority of financial institutions, fines are merely the cost of doing business and well-worth it. Illegal naked shorting is rampant, widespread, and well-known to the public despite FINRA's continued inaction. Do better. I say this as someone who has also worked at a regulatory agency on behalf of the public: you're an embarrassment to all of us.