Beau Ballard Comment On Regulatory Notice 21-19
We need to see more accurate short interest data I believe it’s not accurate and the fact that citadel can make the markets and invest in them and double dip and manipulate is unbeliveble.
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We need to see more accurate short interest data I believe it’s not accurate and the fact that citadel can make the markets and invest in them and double dip and manipulate is unbeliveble.
In a fair and open market there should be transparency and a level playing field for all investors; be they retail or institutional. The # of shares shorted should be available IN REAL TIME throughout the trading day. Dark pool trading must be eliminated. We can clearly see that large institutions are buying massive quantities of AMC stock (for example) on the dark pool and then flooding the public exchange with shares (via selling, short-selling and short laddering) in order to MANIPULATE THE PRICE DOWN.
Short selling of stocks, payment for order flow (PFOF) and Dark Pool trading should be banned completely. Shorting was banned by the SEC during the 2008 financial crisis and it has been banned in several markets worldwide. Shorting has caused promising companies to disappear due to naked shorting, manipulation and corruption that is rampant and obvious with no rule or law enforcement. Full transparency, laws, rules and regulations should be stricter and strongly enforced, rules with no enforcement accomplish nothing.
I am a fully invested “Ape” as you call us , over here in the UK the widespread corruption in the markets is as plain to see as it is over there in the states. Yet nobody seems to have the [REDACTED] to tackle it . This Baked shorting and Dark pool trading is so illegal that is beggars belief & the time has come now !. Remember the whole world is watching and the integrity of the stock market has never been so in the balance.
Transparency and equality in the market. Hedge funds should not be allowed to do note than your typical retail investor. They should not be able to get away with naked shorting and synthetic shares that should be ilegal. Please level the playing field and make everything transparent.
No naked shorts. More frequently posted information on short sales
It is nearly impossible for retail investors to have any faith in financial institutions that both control and buy into the same market. How is PFOF still legal? HOW?! Pioneered by friend of the little guy BERNIE MADOFF. We are not asking for an advantage, we would just like a level playing field. What a concept. HELP US PLEASE.
The proposed amendment to FINRA 4560 is a laughable attempt at improving naked short selling internal control measures, actual regulatory action, or really any kind of further obligation on the part of the involved broker-dealers. There have been hundreds if not thousands of regulatory "actions" taken by FINRA related to short sale, and misreporting/misclassification of shorts. This filing appears to broaden the scope of required disclosures. period. end of filing. This does nothing to protect investors in a information landscape rife with inaccurate and unreliable information.
Self reporting of short interest needs to stop, that is like someone self-reporting what crimes they commit and not having a background check. Short interest needs to be reported immediately through automated means (mandatory monitoring software controlled by a regulatory agency) and made available to the public immediately within an hour. If the software stops it should automatically stop all trading from that entity and a detailed report of caused the stop made public.
Strong enforcement of illegal naked shorting. Penalties should be more than a slap on the wrist, or nothing at all. It's illegal, don't allow it. Any company caught naked short selling should be prohibited from trading on exchanges. Start out with a 1-week ban on all trading for that company for a first offense, and increase the time for each offense thereafter with a final penalty of being kicked off all exchanges. Three times and your out! Naked shorting is illegal. Have a zero-tolerance policy.