Daniel Richards Comment On Regulatory Notice 21-19
How can selling more shares than exist of a stock and trading those shares in the dark market to manipulate share price be legal?
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How can selling more shares than exist of a stock and trading those shares in the dark market to manipulate share price be legal?
Rules are nice, enforcing them would be nicer.
* Dark Pools should be banned , they are being misused against retail by large players * Naked short selling can be address in 21st century by simply adding a unique identifier to each share and can be tracked for short selling.
Hello FINRA, I saw you are looking for comments on 21-19, regarding short positions. As I see it, the current US market is full of nothing but fraud, with the regulatory agencies being complicit. They are complicit through their complacency, with years of unchecked fraud and market manipulation through naked short selling by large hedge funds like Citadel and Susquehana being allowed to happen with impunity. The SEC and FINRA have known about this illegal counterfeiting practice for many years, with nothing being done to rectify the illegality of the market conditions.
Short selling restrictions. They should be forced to cover all short positions weekly if not daily. Market makers and hedge funds should not have the ability to short during pre or after market while most retail investors and the apps used are shackled to not being allowed to buy. Hedge funds should have to report daily their short positions and accurately, they should not be allowed to police themselves as it's a conflict of interests.
Dark Pools are becoming an overwhelmingly corrupt and manipulative way for large companies to affect market prices, especially of influential stocks. There should at least be some kind of volume threshold; when 70 percent of one stocks volume is going through dark pools, that's a huge problem.
No more private dark pools ( aka Citadel Connect ) that are insulated from FIRNA. No more naked shorting. Transparent share pricing within dark pools.
What are you people worried about what the retail investors think about short interest now for? This is all a big scam. All the major parts of the government "watchdogs" haven't done a [REDACTED] think. What makes you people think "We" think you all will do a [REDACTED] thing?? It's all wrong and you all know it!! Stop letting these hedge funds break the [REDACTED] laws!!!
Why are companies still able to abuse dark pools? How can there be an overwhelming amount of purchases for a stock and yet the price is going down? The abuse is absolutely clear....
Investigate the corrupt hedge fund Citadel, involved in manipulating AMC stock.