Matthew F Myers Comment On Regulatory Notice 21-19
Investigate the corrupt hedge fund Citadel, involved in manipulating AMC stock.
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Investigate the corrupt hedge fund Citadel, involved in manipulating AMC stock.
The US stock market is one of the most corrupt organizations in the world. The SEC only protects Wall Street at the expense of the public. Laws that were created in 2008 are blatantly broken every day. Felonies are committed against retail investors and no regulatory institutions do anything about it. Why make more laws? Why pretend FINRA or any other agency protects the best interest of the public. The use and proliferation of social media, and access to more evidence and information has exposed the incompetence and criminal relationship that exist between these agencies and Wall Street.
Anything and everything related to short positions, including synthetic or naked shorts should be made as transparent as possible, as soon as possible. No more shuffling around FTD's, no more short ladder attacks, no more waiting days/weeks for the data to be published. Level the playing field for all.
Outlaw all dark pools, synthetic shorts, and fail to delivers, or at the bare minimum require them all to be reported in realtime publicly. These are the bare minimum clear steps needed, or further info exposing the depth of corruption will be leaked, inevitably leading to global financial collapse.
Ban the use of off exchange programs like citadel connect that do not have to report to FINRA, anything that can be used like this will always be abused.
I think it's apparent that you know what's going on here with AMC & Gamestop and many other stocks. I just want my voice to be heard and many others do as well. The short sellers have dug a deep hole for themselves, why are they continuously being helped out? How is it fair? This is supposed to be a fair market place. There should be a limit on how long you have to short a stock and a certain amount you're allowed to have weekly. How is the inflow higher yet stocks still go down? Hedgefunders should not be allowed to be a market maker regardless of how much money they have.
INVESTIGATE CITADEL CONNECT!
Short sellers need to be regulated and held to same standards as retail investors. Short positions time held and when returned/covered/closed should be reported publicly daily. Synthetic share shorts and naked shorting needs to be eliminated. Accountability for FTDs including who is failing to deliver and when fixed. Stop allowing shorting through ETFs.
Stocks should not be exchanged in unregulated, unmonitored dark pools. Furthermore, dark pool information should be easily accessible and have personally identifiable information tied to it in an effort to track the source of the share.
Private short positions should not be allowed. All short positions should be disclosed to the public