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Mike Comment On Regulatory Notice 21-19

Mike
N/A

First, any organization or entity should have five times the amount of collateral to support a short position. Dark pools where synthetic shares are utilized to manipulate market share price to falsely depict covering of shorts should be deemed illegal and regulations should be placed to cease and detect. If an entity fails to deliver on a short position, their position should be liquidated and all resources should be utilized to recoup positional price AND the entity should be penalized a substantial percentage of their liquidation.