Skip to main content

Kyle Leahy Comment On Regulatory Notice 21-19

Kyle Leahy
N/A

I t hink the current vagueries of the short market are an absolute disaster. We need precision and accuracy to determine reasonable market moves- something in this "self-regulating" market, we simply dont have. Too many companies fail to disclose or accurately disclose their short positions, and simply pay the fine later after theyve made their money on the backs of those who couldnt see the danger. I wouldnt settle for anything less than 100% short position disclosure, with jailtime, not fines, for those that fail to do so. Remember, a slap on the wrist after they bent the rules to make money is simply taking your cut, not regulating.