Victor Vespertino Jr Comment On Regulatory Notice 21-19
Victor Vespertino Jr
N/A
To whom it may concern, Yes, I believe daily or even weekly reporting of short interest positions would be a step in the right direction providing retail investors confidence that the markets can indeed work for them also. I think it would be extremely useful if entities were required to report synthetic short positions if only to make market makers more honest and not let them overleverage thus cause serious destabilization in the markets. Now, I did not go to school to study finance, but from what I've learned in these few short months, there needs to be some serious overhaul the rules and regulations governing the way things are handled on Wall Street. The amount of manipulation and deceitfulness is eye-opening/jaw-dropping to someone new to the markets like me. It's disheartening to put it mildly, and the world is watching. Thank you for your time, Victor.
Victor Vespertino Jr Comment On Regulatory Notice 21-19
To whom it may concern, Yes, I believe daily or even weekly reporting of short interest positions would be a step in the right direction providing retail investors confidence that the markets can indeed work for them also. I think it would be extremely useful if entities were required to report synthetic short positions if only to make market makers more honest and not let them overleverage thus cause serious destabilization in the markets. Now, I did not go to school to study finance, but from what I've learned in these few short months, there needs to be some serious overhaul the rules and regulations governing the way things are handled on Wall Street. The amount of manipulation and deceitfulness is eye-opening/jaw-dropping to someone new to the markets like me. It's disheartening to put it mildly, and the world is watching. Thank you for your time, Victor.