Terry Winter Comment On Regulatory Notice 21-19
Quit allowing shorts, do your jobs. Put an end to dark pool abuse….you and other “regulating” or overseeing groups are just as much of a problem and just as guilty for allowing these abuses
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Quit allowing shorts, do your jobs. Put an end to dark pool abuse….you and other “regulating” or overseeing groups are just as much of a problem and just as guilty for allowing these abuses
A good idea would be a pod cast or YouTube channel dedicated to talking about investing in laments terms. (Fun, casual, but not cringey like the PR stunt Ajit Pai tried to do with NN). Sometimes, the word “education” seems boring or may turn people away as it may sound like a lecture or too big to understand. An easy to understand conversation on FCC roles, the roles of retail and the roles of the rich and powerful would be a good way to start.
Transparent markets End dark pool abuse Stop market manipulation Restore trust in US Markets!
The market is not free. Shorts are a scam. Naked shorting is a scam. In the name of AMC… the company is a victim of shorting, and likely naked shorting with the recent information on millions of failure to deliver numbers DAILY! What is being done about this? How can we allow this in a free society? This is embarrassing to American markets. How can AMC trade its own float multiple times a week? How can AMC trade its float 3xs in one day? Stop allowing naked shorting. Stop allowing high frequency trading to control the price. Stop allowing 70% of AMC trades to go through the dark pool.
Eliminate T plus two settlement to T overnight. Also eliminate PFOF. Eliminate dark pool for retail orders from Fidelity, Schwab, JP Morgan, etc.
FINRA needs to crack down on naked short selling and price manipulation. I'm sure FINRA already knows these tactics but why they are not enforced really boggles my mind. If the fine is a fraction of the amount earned on these illegal tactics, then it's just a cost of doing business. They are hurting the entire market and putting everyone at risk.
https://www.reddit.com/r/Superstonk/comments/opna24/robinhood_cost_basis_fiasco_is_likely_an_attempt/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
It seems there are a lot of rules and guidelines already in place to ensure a fair stock market for the hedge funds and retail investors. But none of these seem to be enforced, so what the point? You look the other way why the market is grossly manipulated, and the little man suffers... is that the new American way? -Michael C.
do something about naked short selling instead of ignoring it. the reputation of the market is being harmed, and millions of new retail investors are watching. do something about the same handful of institutions trading the same shares back and forth millions of times every month to manipulate the market and steal from retail investors. publicly report when institutions are margin called. audit for hidden shorts in options, serial numbers for each share. the fines for violations should exceed the profit made by violating rules. thank you for your consideration.
I entered the market as a retail investor. I had an understanding of business fundamentals and decided to test my knowledge hoping to create some wealth for my family. After a year of buying and selling stocks, I realize I can never time this right. I wanted to understand why I am always on the losing end. Now, after reading what goes on in the so called dark pools, I realize I cannot trust the system as this was not designed for retail investors with little tools. My purchases routed through dark pools while retail investors are kept out of the after hours trading? how can this be fair?