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Stevie Y Comment On Regulatory Notice 21-19

Stevie Y
n/a

1. Open institutional short positions should be disclosed after the end of every market close. 2. Shares in an institutional short position should be serialized in order to attempt to prevent rehypothication and to confirm the shares exist. 3. Failure to delivers should be disclosed within 1 day after the settlement date. 4. The penalty for not reporting information on open short positions or failure to delivers on time should be 15% of the short position, plus an additional 5% for everyday the information is not submitted. Thanks