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Re: None

Monday, 10/21/2013 1:23:55 PM

Monday, October 21, 2013 1:23:55 PM

Post# of 68424
I do find one thing interesting given the so called attempt for more transparency in the public markets.

The idea of shorting, while not new, is much more relevant today given the proliferation of hedge funds, day traders, many more market participants in today's 24/7 global trading environment.

Personally, what I'd like the SEC to do, is institute short reporting requirements.

While hedge funds don't like transparency, a lack of it leads to manipulation and potential market distortions.

Imagine if the market could have seen Goldman deciding it was taking a big short position in the mbs market when it was trying to sell the junk to others? Clearly it would solve alot of problems wouldn't it.

If I go on to bloomberg, i can see a great deal of information on who owns a stock at any given moment (to a very granular level).

Perhaps its time the SEC forces those shorting to reveal who they are. While it may change some views on a stock (ie followers to decide ok we'll short too) at a minimum it allows transparency.

I would like to see that and given shorting is a big part of the market now, we arguably should have that info.

Especially when they are technically borrowing my and your stock to do so.