Uh but here's this lots of uh differing opinions regarding the sec statement here today on this topic. We're proposing changes to increase transparency around short selling for investors and regulators alike, proposing changes being the key words here, meaning that it's not quite yet approved. This will provide the public and market participants with more visibility into the behavior of large short sellers uh. So this is actually a pretty good hash that could potentially happen if it does end up getting passed now we do know uh.

We have that one goofy chicken within the sec, who does not apparently like uh transparency within the markets uh they turned down some some previous uh proposed regulations uh. But if this does get passed, that could be pretty cool, so you can click on this and it kind of walks you through sort of that immediate release and what this potentially would look like. I would make aggregate data about large short positions available to the public for individual equity securities, which is actually pretty pretty clutch right to see. The data about large short positions made uh in some form of a timely manner is actually a good thing.

Will it happen? I don't know yet you know this is something that's been proposed. Who knows how long they've actually been talking about this uh? But i, like i said before i'm a matter of i want to see the the actual outcome right. I can get excited about this all day long, but i think a lot of people have gotten kicked in the nuts before by uh, hoping right, hoping that things get passed and i'm just gon na wait to see if this actually does get passed but uh. Essentially, you know this this piece being probably my biggest takeaway aggregate data about large short positions available to the public for individual equity securities.

That would uh. That would be pretty huge. That's a big step in the right direction towards being able to see uh some form of a position from a short being taken. Now, here's a caveat, though right uh, here's a caveat: will this actually prevent the act of perhaps naked short selling a stock right? We have seen it with previous stocks before that uh naked short positions have been taken.

I personally believe there have been naked shorts taken out on amc, one that has been proven to have that is ader ader has been proven to have naked short positions out. The ceo has come out publicly and spoken on it right that is, that is factual. Will this sort of regulation prevent that sort of thing right? This will provide the public and market participants with more visibility to the behavior of large short sellers. The raw data report of the commission on a new forbes show would help us to better oversee the markets, understand the role short selling may play and market events.

That's my big interest right. Will it stop manipulation? Will it stop uh? Perhaps the rate in which you see fraudulent activity take place within some big firms and market makers and institutions and banks in the way that we've seen over the past year and before retail really stepped in i'm sure, the previous couple of years and decades and decades. Because people just keep doing things until they're told that they can't you know uh once you tell people, they can't do something. That's when that's when uh they start running the problems.

They start throwing a temper tantrum, as we have seen with uh lots of lots of big names over the previous uh couple months here with with amc and gamestop and a couple different other names as well. So this is the problem with rules the current structure. Maybe this is actually a better way that the sec could go about this, i'm actually glad you brought this up uh issue with the absolute clutch statement here, the issue that i have with current uh current market conditions right. The way that the system is built is sure, you're gon na state all the rules in the world right.

Let's just let's just talk about uh rules right, you can make it so that shorts have to report shorts, have to report. You can make it so that uh payment for order flow gets banned right. You could, even you could even say, hey you're, not supposed to naked short sell, which is by the way illegal unless you have absolute necessity to do so naked short selling ban. But here's the problem, all these lack one thing: punishment, there's no punishment, there's absolutely no punishment for these guys to partake in those sort of things.

In fact, the way that i would describe it is pay to play. Basically, what these guys are doing is they're sitting down at a table right. This is uh sort of the the scope of a blackjack table. You've got a couple different hands that can be played right, hand, hand, hand, hand, but up here is the ante an ante.

An auntie, an auntie, an auntie, an auntie. This little ansi right here is a pay to play. What they're doing is they're saying you know what fine fine i'll pay a hundred thousand dollar fine, because if i have to pay a hundred thousand dollar fine, i just made 10 million. Who cares? You know it's pay to play man until there's a real punishment for breaking these enforcements and regulations that come out by the sec.

I mean what what what are you doing? You know at the end of the day, uh this to me is the real problem. How do you get rid of the pay to play? How do you get rid of this ante? How do you make it so, hey you either sit down and you play fair and square buy the rules buy the book or you can't play at all. You know how do you make that possible? That's the question, you know that's what i'm waiting to see.