"All vehicles using an automatic transmission must be equipped with a transmission shield meeting SFI Spec 4.1 and must be labeled accordingly. A blanket-type shield is permitted; it must be appropriately labeled as meeting SFI Spec 4.1 and it must extend from the rear of the block to the front of transmission main body the bell housing area is to be completely covered six inch overlap where it is fastened. All non-blanket-type shields must incorporate two (or one, per manufacturer’s instructions) 3/4 inch by 1/8 inch straps that bolt to the shield on each side and pass under the transmission pan unless the transmission pan is labeled as meeting SFI Spec 4.1. All vehicles using an automatic transmission must be equipped with a flex plate meeting SFI Spec 29.1 and be covered by a flex plate shield meeting SFI Spec 30.1."
Are you refering to the flex plate shield? It clearly states in the rules you can use a blanket for a transmission shield. Not that you need both.