The reason we have the daily and monthly Short Reports is (in part) due to the GAO study and Congress, et. al., pushing for reform and open access to information to help US, as investors.
I'm attempting to show both the validity and background on reports in response (per prior posts), so that's why I'm providing some history.
That specific press release had good background coming off the GAO study, as it points to the possibility we all are observing in the daily reports and the resumption of REG SHO. I'd also recommend reading the GAO report. The GAO report was linked-to off that Press Release, but here's a direct link:
(IMO) Manipulation by Short Selling to produce volume and volatility is very obvious and the questions should now move to WHO and WHY.
Just to be clear, I'm not at all against LEGAL short selling. In fact, Short Selling operates very well when it's allowed to operate in a normal fashion.
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