Scott Lieberman Comment On Regulatory Notice 21-19
More transparency and an equal fair trade market where illegal naked shorting is minimized.
For the Public
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
More transparency and an equal fair trade market where illegal naked shorting is minimized.
Since you extended a request for comment, as a retail investor who has had doubts in the validity of the American markets since January, I felt I should participate. It would be nice if the retail investor had access to the same market data that institutional investors have. Transparency is a two fold benefit, it provides investor confidence that they’re putting their money in a fair market, but it also levels the playing field for the average investor.
Fail to deliver data should be reported more frequently preferably daily. Also short seller data should be far more transparent, require daily reporting of short positions, no longer allow covering shorts with options contracts, and the short sale reduction rule should be overhauled to not allow short selling at all once triggered.
In a fair and free market there should be absolute transparency. The number of shares shorted should be available in real time during trading hours. No more dark pool trading. Every single share sold should be reported and able to be located at any time. Market manipulation is rampant and hurting retail investors. Get rid of algo trading back and forth. Naked shorting and FTDs should carry heavier penalties and be forced to close out their positions much sooner or face total trading restrictions.
Im a new retail investor and i have been shocked at the hedge fund market manipulation with illegal tactics. There must be a way to at least try to even the playing field. Its what i expected but never thought the market was this skewed toward hedge funds.
Something needs to be done with the Naked Shorting companies are doing. Citadel Securities has been manipulating the price action of stocks through dark pool trading, naked shorting, & synthetic shares. The SEC seems to be doing nothing in the retail favor more so doing more for the hedge funds. This past weekend was only good fundamental news for AMC yet they’ve shorted and drove the price down all week & no news outlets or brokers are talking about any of the good news from this past weekend. I’m asking for a fair market.
I’m Observing stock price manipulation. It appears market makers are able to borrow naked short positions and engage in algorithmic ladder attacks to subvert a stock’s price. Whatever accountability that does not allow for selling stock one doesn’t own with the sole purpose of manipulation of the price and inciting fear into stock holders. It’s a bully friendly market.
1) real time short interest reporting 2) complete short interest reporting 3) same day transaction settlement 4) real time FTD reporting 5) fine amounts that actually deter behavior 6) real prison time to deter behavior
I would like to see a more transparent market with instant short position reporting to the general public. I would also like to see instant reporting of any failure-to-delivers. I think this information should be public to any retail investor instantly and easily with no delays. I believe this will help limit manipulation and allow the market to be free and fair.