The SEC is examining whether to require short sellers to reveal "substantial" stakes, just as investors must disclose significant positions in companies, Cox told reporters Thursday.
I don't get it. People who take large positions in equities are required to make "beneficial owner" disclosures because those positions mean that the owners may intend to play a direct role in the company's future.
Obviously shortsellers don't have the same intentions.
This is apples and oranges. Can Cox be so dumb he doesn't realize that?
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