Skip to main content

Jim Littler Comment On Regulatory Notice 21-19

1/ Synthetic short positions should be included in short interest reports. 2/ REGSHO- information of allocations of FTD's should definately be updated. daily report of FTD's should be mandatory.3/Publication of short interest for Exchange listed Equity securities to include both OTC & Exchange should also be implemented. 4/ Rule 4560-Loan obligations regarding short position closures. Please change this to include the shares borrowed through an arranged finance deal.

Bennet Comment On Regulatory Notice 21-19

I fully support this proposed rule change and additional rule regarding short position reporting. Additional rules to protect investors, especially retail investors, should be explored on this topic as well as other issues such as order flow prioritization, block share lending, and ability to dictate exchanges for orders to be sent to. How is it possible for >50% of the daily trading volume to be done on private exchanges with no price reporting? How can these exchanges limit who is eligible to participate on them?

2019063058701 NEXT Financial Group, Inc. CRD 46214 AWC rjr (2021-1628900405232).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019063058701 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: NEXT Financial Group, Inc. (Respondent) Member Firm CRD No. 46214 Pursuant to FINRA Rule 9216, Respondent NEXT Financial Group, Inc. submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.