FINRA Requests Comment on Short Interest Position Reporting Enhancements and Other Changes Related to Short Sale Reporting
Regulatory Notice 21-19
FINRA is requesting comment on potential enhancements to its short sale reporting program. FINRA is considering: (1) modifications to its short interest reporting requirements (Rule 4560); (2) a new rule to require that participants of a registered clearing agency report to FINRA information on allocations to correspondent firms of fail-to-deliver positions; and (3) other potential enhancements related to short sale activity. FINRA believes that these potential changes could improve the usefulness of short sale-related information to FINRA, other regulators, investors and other market participants.
Areas for potential change:
Publication of Short Interest for Exchange-listed Equity Securities
Content of Short Interest Data including Synthetic Short Positions
Frequency and Timing of Short Interest Position Reporting and Data Dissemination
Information on Allocations of Fail-to-Deliver Positions
The full notice is available at https://www.finra.org/rules-guidance/notices/21-19