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.
Every share should be tracked with unique identifier. Every share should be located and lent only once. Every order should be delivered T+2 or fails mean 10x cost penalty. Every short position should be updated with FINRA daily.
I would like to see a more transparent market. More so I would like for it to be abolished that a hedge fund can be a market maker. How many more tools could they have than us? It’s insanity they’re allowed to run this show.
Please require weekly reporting. Please provide the reports to the public for free and transparent information through FINRA website and not just exchanges. Please conduct audits and other proactive enforcement measures.
Down with the shorters
I am new to investing as a retail investor, but one thing that has been clearly revealed is the lack monitoring and action taken on the hedge funds and other entities when shorting stocks/companies. That the SEC doesn't do anything to stop the naked short selling occurring in the market reflects that the only people allowed to make money in this market are the ones who get away with it given those who are supposed to monitor illegal activities do nothing.
Any trades in the dark pools need to be reported within 24 hours. Naked shorting can be resolved by strict enforcement, illegal use of super computers, and brokerage licenses revocation not monetary fines.
1. All shorts shall be reported to FINRA by end of each settlement day. 2. All unused loaned shares shall be reported to FINRA by end of the settlement day. 3. FINRA shall make public the outstanding unused loaned share(s) by end of the settlement day of a trading week. 4. All threshold securities sho regulation shall be reported daily with a full accounting of fail to deliver end by end of settlement day. 5. FINRA shall enforce FTD purchase upon noncompliance within 2 settlement days.
I believe individual investors should have total transparency on all short positions including naked positions. Total transparency will allow more of a free market and allow individuals to make better investment decisions.