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Steven A Comment On Regulatory Notice 21-19

Seeing new regulatory rules and requirements is a good step, however they are only as powerful as their own enforcement. FINRA is apparently aware of PFOF, naked shorts, dark pool trading (of up to 89% total daily volume), etc. The rules recently put in place, as well as this request for comment(s) make this obvious. However, the retail investor trades continue to have minimal effect on actual price of stocks and the MMs/Hedge Funds (e.g. Citadel) have near complete control.

George Pichirallo Comment On Regulatory Notice 21-19

It’s obvious shorting has a role to play in today’s market, but also has huge potential to be abused! When very large Hedge Funds or brokers can leverage their short positions by buying shares in a dark pool it becomes predatory because those buys have no affect on market price. This allows short position players to hold short positions longer than they should. If a time or price restriction was out in place I think it would help alleviate these predatory and manipulative practices.

Kyle Hewett Comment On Regulatory Notice 21-19

AMC has already stated that they have enough liquidity to stay in business until the end of fiscal year 2022 and yet Market Makers, Prime Brokers, Hedge Funds, continue to short the stock on purpose to bankrupt the company and completely disregard the failure to delivers and blatant manipulation with minimal transparency to retail investors and they are getting away with it everyday. Please help us with transparency and proper justice to Wall Street and whoever else is responsible for the continuous manipulation of the market against the retail investor.

Jharvis Licera Comment On Regulatory Notice 21-19

Short interest, shares on loan, order flow data/routing, and all other information available to institutional investors should be available to other market participants to promote true market equality. The same sentiment holds true for the timeliness in the availability of reporting data. The current market structure fails to protect self-directed investors from market manipulation and fraudulent activity, and FINRA should do everything in its power to promote market equality and fair trade.