I mean where do I start. Really it at all falls on these hedge funds, "family offices", the corrupt DTCC, banks and market makers that really need to be investigated, watched and monitored constantly like they are small children to make sure their shady activities can't be executed with ease and no repercussions. If fines are handed down make the amounts astronomical so they stop. A 10k fine for a hedge fund or "family office" that controls 15, 20, 30 billions dollars etc is pocket change to them. Make dark pools/OTC harder to access so more transactions are reflected in a stocks price.

As a newer investor, I am appalled at the lack of transparency in the market. The information I have discovered involving dark pools, naked shorting of shares, and hiding FTD's within options is the most blatant forms of manipulation in any field that I have been a part of. How this has been allowed for all these years with only a slap-on-the-wrist penalty is disgraceful. The sad part is that after multiple fines, sometimes hundreds of fines for the same firms, they are still doing it today.

I notice you are welcoming comments on regulatory notice 21-19 regarding short positions. In my opinion, the current US financial system is highly fraudulent, with the regulatory agencies being complicit. They are complicit by complacency, with years of unchecked fraud and market manipulation through naked short selling by large hedge funds like Citadel and Susquehanna being allowed to happen with impunity. The SEC and FINRA have known about this illegal counterfeiting practice for many years, with very little being done to rectify the illegality of the practice.

I want to see some fines that equal entire profit made, from these corrupt companies. If they are fined 1 million dollars, but make 10 billion dollars they will continue to cheat and steal from retail investors.

When I buy and hold a stock, like AMC, the obvious hope and intent for me is that the price will go up and I will make a profit. So it doesn’t make sense to me that an entity that holds my shares for me, like Robinhood for example, can lend my shares to someone else then the borrower uses my shares to short and drive down the price. They benefit by achieving their goal of lowering the price, the middleman makes and keeps for themselves interest on the loaning of my shares, some of these entities make it difficult to impossible to turn off share lending.

The ability of individuals and companies to not have to report short positions is completely illogical and to me seems coincidental to the nefarious activity surrounding it. Even if no illegal activity is taking place it is a similar position to both calls and puts, that are both required to be reported. I hope FINRA takes my comments (and those of my fellow stock markets citizens) seriously, and investigates how to promote transparency aand trust in the market.

Not enough, severe penalty’s for financial institutions breaking laws or rules

The market manipulation we have witnessed for the past 6 months has been a real eye opener for investors in American markets. Implement your new rules as quickly as possible please. Transparency is key for fair markets. Fine violators in appropriate amounts similar to South Korea's model. Investors are losing faith in our markets and in your organizations ability to self regulate. This is your last chance to make it right.

I believe that shares should not by default be authorized unless a customer authorizes it. By default, without permission, all my brokers loaned my shares. I got pennies of interest for an unknown reason until I investigated. Please disallow loaning until consent of the customer who understands what is going on. Thank you.

I would like more frequent public reporting of short positions and more detail in public reports. I’m very worried about my personal investments being manipulated with this lack of transparency.