The U.S. lacks such rules, leaving it behind the European Union, which obliges funds to publish short positions once they reach 0.5% of a company’s share capital.
In a letter dated October 7, NYSE, a division of Intercontinental Exchange, calls for the SEC to 'bring light to a less transparent and increasingly consequential corner of the securities market'.
While big funds pay their brokers to compile up-to-date short-selling data, everyone else has to wait up to two weeks for the stock exchanges to publish the official tally of how much of a company’s shares are out on loan. The SEC forces hedge funds to report their long positions periodically, but it has no such rule for their short positions.
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