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John Scariano Comment On Regulatory Notice 21-19

John Scariano
N/A

Short positions should be reported daily. FTD data reported daily. No more hiding behind walls of lag time. Reporting needs to be mandatory and verifiable, not merely self-reported. Punishments for non-compliance or falsification need to be much more severe and timely. Short reporting needs to also include the level of options sales that are naked. Naked Options produce synthetic shares and should be highly scrutinized.