Hello FINRA, First, off thank you allowing public comment on the need to better regulate options and trades involving short positions and shorting instruments. Please let ask a simple question: If Failure to Delivers on the Threshold list can be satisfied with borrowed shares, who is the owner of the settled delivery? Why have a Threshold list at all if it is ignored when the settlement period is treated like Paul, whom just got paid with Peter's robbed shares? I heartedly endorse all the changes proposed to the FINRA for rule 21-19.

Thank you FINRA for extending the period for commenting. Also, I thank you for attempting to make the U.S. Equities Market a fairer and safer place for retail investors to do business. This year is the first in which I became a direct participant in the U.S. Stock Market. Before this year I only passively participated though my retirement plan, but this year I proudly became a retail investor. Submitting my first stock purchase was very exciting for me this year, and it is my hope that the stock and options market becomes more fair for the retail investor in the days ahead.

Good Afternoon FINRA, I'm emailing you regarding the proposed rules 21-19 about short positions. The current US market is completely fraudulent with ZERO incentive to do right or disincentive to avoid fraud, with the regulatory agencies being complicit through their complacency. Decades of unchecked fraud and market manipulation through naked short selling by large hedge funds like Citadel and Susquehanna being allowed to happen with impunity.

Hi, Market manipulation from abuse of dark pools and naked short selling (AKA creating counterfeit shares) is destroying the integrity of the stock market. Why are these things continuing to be allowed after decades? Transparency and accuracy need to be enforced instead of small slaps on the wrist for violations. We cannot trust the listed price of a stock if we don't know if there are millions of naked short shares flooding the supply. And on top of that, market makers/hedge funds can send all buy orders through their dark pools and only send sell orders to lit exchanges.

Hello, as a normal American, I am very happy to hear about many of the proposed rule changes. We need far greater oversight on short selling. We need that data to be available to the public, and that data needs to be available to finra and the sec, too! People that are allowed to have a hedge fund, market maker, and exchange under one parent company, that then hide their positions behind data walls, have an unfair advantage in the market beyond the typical spread of what an algorithm would offer. This is about saving Americans.

It is incredibly important to have a financial system be transparent, secure, and fair. I believe that this proposal aids in the effort to produce a more transparent go coal system. Many new investors will be put off from investing in the stock market without these transparency rules. Many people, myself included, see the current system as unbalanced and rife with the exploitation of retail investors through naked shorting, and excessive fails to deliver, among others, but this proposal is a step in the right direction to bring back trust in a system seen as untrustworthy.

I would like Finra to adopt the following measures. 1. Report every time a share is lent and create a tracking system so the same share cannot be lent more than once. 2. Force the RegSho requirements of FTD to attach to the stock/obligation so the T+35 is not reset through measures such as swaps or other derivatives trading. 3. Eliminate Naked Shorting in all circumstances. 4. Adopt fines in excess of 150% for the first and second offense of fail to delivers by T+35 for the Market maker and broker of the purchaser. 5.

As a concerned investor and with regard for the overriding desire for free, fair and open markets, I return the following comments. 1. Consolidation of short interest data publication, centralized on the FINRA website should be made public. 2. Require firms to segregate short interest held in proprietary accounts vs that held in customer accounts. 3. Report to FINRA account-level short interest (not for publication). 4. Report synthetic short positions in both options and security based swaps. 5. Report loan obligations from arranged financing to better reflect actual short sentiment. 6.

As I see it, the current US market is full of nothing but fraud and blatant manipulation, with regulatory agencies doing nothing to police it to the point of them being complicit in these actions as well. They are complicit through their complacency, with years of unchecked fraud and market manipulation in several ways. Naked short selling by large hedge funds like Citadel, point72 and Melvin Capital Management (and others) is being allowed to happen with impunity.