Anonymous-RY Comment On Regulatory Notice 21-19
"Proprietary" long positions should be reported should they contain previous short interest despite a strategy change. As long as it's "guaranteed hedged" it's ok? Peak clown market.
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"Proprietary" long positions should be reported should they contain previous short interest despite a strategy change. As long as it's "guaranteed hedged" it's ok? Peak clown market.
There needs to be actual punishments for abusive naked short selling, not just fines. Actual jail time please. A fine is the cost of business at least, and bribery on the part of the powers that be at worst. If not prison, then at least a fine that's worth something. Take a note out of Korea's book and take away every coin of profit from a naked short sale, if nothing else. As for short interest reporting, it needs to be handled by an external source, preferably.
Hi, Please solve all the [REDACTED] regarding naked short sales, darkpools, FTD's, short ladder attacks, marketmakes and hedgefunds beeing owned by the same entities and so on. There needs to be proper punishment not just a slap on the wrist 12 years later with a fine that represents lunch money. The entirety of the US financial system is being dragged through the mud, the trust, reliability and fairness are completely gone and the only thing thats left is a rigged system made to rip off retail investors. DO SOMETHING ALREADY!
As a non-US citizen, watching this fiasco surrounding Gamestop unfold. My stance towards the united state's market, legal and regulatory system. Are completely changing. The past few months, millions of people have been waving red flags, voiced their opinion and recently practically been screaming to the authorities to do something about the OBVIOUS market manipulation happening almost everyday. Were the big players on the market that are supposed to be contributing to society instead are abusing their privileges to steal from the general public.
End dark pool abuse. Clearly their is active manipulation of GameStop and AMC. Set better standards. Enforce rules. Create fines that are meaningful as compared to a “cost of doing business.” Enforce loss of licenses or fines that are above and beyond the actual revenue made from illegal and manipulated trades.
Agreeing with Tom Berwick, sending for visibility into this serious matter. I am sick & tired of large hedge funds such as Citadel performing coordinated ladder attacks against GME & AMC, as well as others. Those two charts frequently pattern in lock step with each other. Investors know, as I assume FINRA & SEC does as well, that naked shorting is taking place on a grand scale. To make matters worse, the bulk of the short sales, particularly on those two stocks, get run thru on "lit" exchanges while buy order are routed to dark pools.