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Michael Steinhauer Comment On Regulatory Notice 21-19

I am a new retail investor but I have found quickly a strong sentiment of unfair trading practices and market manipulation by hedge funds that leaves retail traders at significant disadvantages. I appreciate the efforts on behalf of FINRA and the SEC to eliminate these events of malpractice by enforcing the rules that are currently in place, as well as, providing the public with more accurate and more up-to-date records of the short positions that these powerful hedge funds have taken.

Scott Miller Comment On Regulatory Notice 21-19

Well, where should I start. I haven’t been trading long, approximately two years, but in that short time it’s become completely clear that every rule/restriction set in place benefits hedge funds and short traders. Dark pool is an absolute mind blowing joke. Shorts can just trade large order stocks back and forth, with no transparency, and drive the price downwards at any given time. That’s just the tip of the iceberg though. SSR is not enforced at all, and Hedge funds have basically no penalties for FTD’s.

David Preston Comment On Regulatory Notice 21-19

The unbelievable amount of market manipulation is astonishing! It’s really laughable because the government allows blatant illegal practices unchecked until they’re required to cover. All information should be made public because ultimately it’ll strengthen the economy because people will consider it fair! It’s sad a company that’s trying to get off foot is constantly able to get beaten into bankrupt just because one person feels like it to make billions with no risk at all! They ftd all day but fines don’t matter after they accomplish their goal

Shawn M Reeder Comment On Regulatory Notice 21-19

You need to increase fines for non-reporting of short positions. The current plan is not even comparable to a slap on the wrist for the large hedge funds. It would more than likely hurt them less to pay the fines than to actually report on their short positions. As for the frequency of reporting, daily with full transparency in all aspects of the market would be appreciated but impossible. Also figure out how to either stop naked shorting or at least a way to report on the amount of naked shorting that takes place.