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Paul DiCicco Comment On Regulatory Notice 21-19

Paul DiCicco
N/A

"FINRA is considering: (1) modifications to its short interest reporting requirements (Rule 4560); (2) a new rule to require that participants of a registered clearing agency report to FINRA information on allocations to correspondent firms of fail-to-deliver positions; and (3) other potential enhancements related to short sale activity. FINRA believes that these potential changes could improve the usefulness of short sale-related information to FINRA, other regulators, investors and other market participants." I absolutely would like you to consider enforcing current rules and creating new rules pertaining to the current problems with shorting, naked shorting, dark pools, FTD's, and Payment For Order Flow. The market has recently been exposed again for alleged illegal practices that harm retail investors, pensions, families, and lives. I completely support cracking down on suspected illegal activity involving shorting through better, faster data and more transparency. The integrity of the Market depends on you.