Digital Brand Media and Marketing Group Inc (DBMM)

[jb55]

I doubt this had anything to do with today but maybe soon enough.

SEC just dropped a bombshell with Rule 13f-2, and hedge funds might need a fresh change of clothes.

The new rule forces institutional managers to report their short positions via Form SHO, meaning the days of hiding in the shadows are over. No more sneaky shorting without the world watching.

Here's the scoop: Hedge funds hitting certain short position thresholds now have to spill the beans to the SEC. The data will be published on EDGAR, so everyone (yes, even retail investors) can take a peek. Market makers now have to fess up when they’re shorting under the ‘bona fide’ market-making excuse. Compliance kicks in 12 months after the rule takes effect...so the countdown is on.

Basically, transparency is about to go through the roof, and some folks on Wall Street might have to rethink their "business as usual."