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John Spillane Comment On Regulatory Notice 21-19

Thank you for the opportunity to make comments. I will begin by saying that short selling should be banned in the United States. It is antithetical to the law of supply and demand, is being abused by hedge funds and market makers and obscures transparency. Seeing as how FINRA and the SEC will not ban short selling here are some of my other suggestions 1. Each Individual Stock Share should have a unique identifier attached. No transaction should take place without the specific share unique identifier being transmitted to the buyer or borrower.

Anonymous-MP Comment On Regulatory Notice 21-19

Eliminate dark pools Fines should be greater than the profit hedge made from the illegal activity Jail time is needed for market manipulation. Short positions should be forcibly closed out if illegal market manipulation is found and trading rights of those involved should be revoked. Shorting taking place in the dark pool needs to be disclosed to the public. If an institution buys shares in the dark pool and then dumps (sells) those same shares on the public exchanges to tank the price, this should have to be reported. Fail to Delivers should be reported to the public as well as Finra.

Anonymous-CP Comment On Regulatory Notice 21-19

The ability to short a stock legally is fine. The fact that FTD exists should be illegal. You can not fail to deliver what has been purchased. Also any purchase short or long that is below a dollar value of 20 million dollars should by law be required to be done on a public exchange and not in a dark pool. This would make sure illegal or price manipulation activities like high frequency trades and ladder attacks would all be visible. Some Price manipulation could than be tracked.

Justin Harmon Comment On Regulatory Notice 21-19

I'd like to see the ability to hide naked shorts in options taken away, as well as meaningful penalties for breaking rules (fines as a percentage of valuation, turnover of profits made in such a way, etc.). It would also be nice if the dark pools weren't watched over by people with gross conflict of interest. Finally, some actual oversight of shorting would be good (no more self reporting short interest, faster turnaround on that reporting, an arm to deal specifically with audits of short positions, harsher penalties for FTDs).

Song Comment On Regulatory Notice 21-19

Finra Question 1: What implementation period would be appropriate to provide members with sufficient time to make the systems changes necessary to comply with this requirement? My Answer: Change needs to happen as soon as possible Finra Question 2: 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? My Answer: Daily is preferable Finra Question 3: Are there any other short sale-related changes not discussed above that commenters recommend?

A.J. Comment On Regulatory Notice 21-19

Transparency is very important to a free and fair market. Understandably, market makers need to "make the market" with points of anninumy. However, if those loopholes can be used to create legal manipulation of the markets, a fair balance of transparency should be developed. With transparency no market maker should be allowed to "make the market" with their and their clients' best interest involved. With a reform of the "loopholes" the fair and free trade market allows for capital to grow and prove that as a free nation, we as a nation have all of the same freedom as an equal.