She's absolutely right. Ro Khanna on the other hand is just throwing spaghetti at the wall to see if it sticks by suggesting [0] a
> financial transaction tax on hedge fund shorting
In practice, that would reduce market functionality because lots of shorts are used to reduce/hedge risk. Two basic examples are short SPY versus long single name and short underlying stock versus long calls.
Really we need limits on short sales beyond a certain % of float (or a certain borrow rate), as well as 13F transparency for institutional short positions.
> financial transaction tax on hedge fund shorting
In practice, that would reduce market functionality because lots of shorts are used to reduce/hedge risk. Two basic examples are short SPY versus long single name and short underlying stock versus long calls.
Really we need limits on short sales beyond a certain % of float (or a certain borrow rate), as well as 13F transparency for institutional short positions.
[0] https://mobile.twitter.com/RoKhanna/status/13548356492500787...