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Shawn M Reeder Comment On Regulatory Notice 21-19

You need to increase fines for non-reporting of short positions. The current plan is not even comparable to a slap on the wrist for the large hedge funds. It would more than likely hurt them less to pay the fines than to actually report on their short positions. As for the frequency of reporting, daily with full transparency in all aspects of the market would be appreciated but impossible. Also figure out how to either stop naked shorting or at least a way to report on the amount of naked shorting that takes place.

Troy Comment On Regulatory Notice 21-19

The fact that hedge funds can manipulate a stock with short selling stocks that are not even available is a crime that needs to be punished. This is not a new senerio but one that has been overlooked for a long time. Now millions of retail investors have realized the fraud and are demanding action. If this is not rectified the retail investor will pull out of the stock market as it is not a level playing field. The fact that a stock can have significantly higher buying than selling but continue to drop due to short selling is horrible.