increased reporting requirements around the currently broadly abused short selling practices in the stock market (including naked shorting, mis-reporting longs as shorts, re-hypothecated shares, married puts/calls, and fails to deliver) are a step in the right direction, the proposed changes do not go far enough to provide transparency and fairness to the public. Please consider providing all of this data to the public - the number of settled legal cases around predatory short selling (market manipulation) by major market makers, brokers, hedge funds, and banks in the past 2 decades show that it is an area ripe with fraud, with insufficient regulation and especially, insufficient transparency to the public. Fraud exists in darkness and secrecy... it is far past time to shine a light on this. who came up with market makers, brokers, hedge funds, and banks sell shares they dont own is crazy in my mind and invites fraud into the market , where else can you sell something you dont own .? only in the stock market .its not fair to borrow or rent share that they dont own in the first place . can retail cant sell something they dont own . if they want to short share they should buy there supple to sell just like any other business has to buy their inventory . mark up and sell for a profit . far is fair one sided is not far and should been stopped year before now .pls move forward with this and keep working , thanks for asking for comments .
Lazarus Comment On Regulatory Notice 21-19
increased reporting requirements around the currently broadly abused short selling practices in the stock market (including naked shorting, mis-reporting longs as shorts, re-hypothecated shares, married puts/calls, and fails to deliver) are a step in the right direction, the proposed changes do not go far enough to provide transparency and fairness to the public. Please consider providing all of this data to the public - the number of settled legal cases around predatory short selling (market manipulation) by major market makers, brokers, hedge funds, and banks in the past 2 decades show that it is an area ripe with fraud, with insufficient regulation and especially, insufficient transparency to the public. Fraud exists in darkness and secrecy... it is far past time to shine a light on this. who came up with market makers, brokers, hedge funds, and banks sell shares they dont own is crazy in my mind and invites fraud into the market , where else can you sell something you dont own .? only in the stock market .its not fair to borrow or rent share that they dont own in the first place . can retail cant sell something they dont own . if they want to short share they should buy there supple to sell just like any other business has to buy their inventory . mark up and sell for a profit . far is fair one sided is not far and should been stopped year before now .pls move forward with this and keep working , thanks for asking for comments .