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Tuan Vo Comment On Regulatory Notice 21-19

Thanks to the meme stocks community. I have learned so much about the stock market. The Senate Financial Committee investigation into naked short selling found that hedge funds, brokers, and banks were creating 1 billion phantom shares everyday. They recommended an easy method to track all shorted shares. Yet, nothing happened after 13 years, and hedge funds continue to get a slap on the wrist for breaking the law. The list of activities below illustrated how fair the market truly is. That is why I have stopped contributing to my 401K. 1. Naked Shorting 2. Abusive Shorting 3.

Gabe Fineberg Comment On Regulatory Notice 21-19

What implementation period would be appropriate to provide members with sufficient time to make the systems changes necessary to comply with this requirement? Change needs to happen as soon as possible, immediately to restore faith in the markets. To make these crooked markets somewhat fair to retail investors. FINRA is considering whether daily or weekly short interest position reporting would be preferable. What are commenters’ views on the preferred frequency of short interest position reporting? Daily is the only fair option.