It appears that IIROC is attempting to tighten the current regs on short selling and "fail to deliver"s. It also appears that individuals like us, can have a say in the proposed amendments. I beleive you have until next thursday if you plan to comment on the proposals. I beleive it says, if approved, the amendments will come in force as of june 1, 2011.This may deter the current short position/s on us. This will give us access to much more info and then we can track better if and how we are being shorted. If these new regs come into force, its possible it could take most of the short position, if not all of us. If they continue to short us, we may be able to see what institution is doing it and be able to narrow it down to give us a pretty good idea of who is involved. I will keep following this because it looks like we,as retail, may be able to get more sophisticated data that was unavailable to us before.

I stated in an earlier post that you could access the TSX "failed to deliver" list through Datalinx, you can, but it is for U.S. exchanges. I can,t find any lists like this for TSX traded companies, but, I think they are coming through IIROC is these amendments are approved. We trade on the pink sheets in the U.S. under the symbol SELSF, so currently it may be possible to see if there is any failed to delivers for us on another list somewhere.

Here is a link to the proposed amendments;

http://docs.iiroc.ca/DisplayDocument.aspx?DocumentID=14604580516B48F88A0BCFA629781242&Language=en