All reports should be consolidated for all markets in one location where it is easily accessible to all investors. FTDs should be reported daily and should be required to be cleared within a a T3 timeline without exception. Short positions and changes to those positions should be reported daily and that information should be made available to all investors no later than the next business day including synthetic shorts. Naked shorts should not be permitted under any circumstances. Leverage on short positions should be limited to no more then 2x.
Kevin Crane Comment On Regulatory Notice 21-19
All reports should be consolidated for all markets in one location where it is easily accessible to all investors. FTDs should be reported daily and should be required to be cleared within a a T3 timeline without exception. Short positions and changes to those positions should be reported daily and that information should be made available to all investors no later than the next business day including synthetic shorts. Naked shorts should not be permitted under any circumstances. Leverage on short positions should be limited to no more then 2x.