Skip to main content

Chad Thomas Comment On Regulatory Notice 21-19

1. Require shares to be acquired before they can be sold. It is ridiculous that today shares are often not even located or are only located before actually being sold. Borrow the shares first, then sell them. 2. Better tracking of borrowed shares. It is ridiculous that shares can be leant out multiple times (often because they are only 'located' and not actually obtained before allowed to be shorted. 3. With todays technologies and API's there is zero reason to have delays in data.

Joshua M Collins Comment On Regulatory Notice 21-19

I am a fairly new retail investor who got into the market with an interest at the time I saw as positive and opportunistic. After experiencing, first hand, how the market actually works and facilitates abusive naked short selling - that interest has turned into cynicism. What I would like to see, personally, is FINRA to enforce existing rules in a manner that actually seeks to stop market abuse. Here is a simple rule, that doesn't require more than a paragraph: If you fail to deliver on a short position, that position must be closed - immediately.

Kristopher Thibert Comment On Regulatory Notice 21-19

I would like to see automatic reporting of shorts and short interest and not self-reporting. I have a three year old and if I'd ask her to self-report when she does something wrong life would be peachy. The brokers, market makers and multitude of firms, funds, offices and other institutions have shown that they are unreliable or downright fraudulent when it comes to reporting. They should not be allowed to do so when lying is in their best interest, financially or otherwise. Asking financial terrorists to turn themselves in is doomed to fail.

Dawn Monroe Comment On Regulatory Notice 21-19

Short-selling of stocks should be abolished. The practice is damaging because it artificially lowers stock prices. The practice of profiting from a company's failures is immoral. By selling shares that they do not possess, short-sellers temporarily reduce stock prices, because if those transactions had not occurred, fewer shares would be available for buyers to purchase. Short-sellers disrupt the normal bid/ask process. Short-sellers have been known to collude and sully the reputations of the companies that they short, by spreading bad news. Such behavior does occur, and it is unsavory.

Robert Norris Comment On Regulatory Notice 21-19

Please put these new rules in place. We need transparency in our markets, especially with regard to short selling and dark pool activity. Naked shorting, short ladder attacks, spoofing, as well as online intimidation is taking place on stocks like AMC and many others for that matter and it just isn’t fair to the American people. Prime brokers like Citadel should not be permitted to reroute retail orders into the darkpools, to bet against or delay our orders. Our orders should go straight to the NYSE or appropriate exchange.

Anonymous-GM Comment On Regulatory Notice 21-19

There are countless things investors want changed in order to have a fair chance of succeeding in the open stock market without the mass manipulation and lack of transparency that is designed for the people to lose and the big institutions to take the profits. To put it simply, investors want accountability and enforcement of the current regulations. There are already many regulations in place, but institutions continue to ignore them and continue to manipulation stocks for personal greed.

Lee Hunter Comment On Regulatory Notice 21-19

There shouldn't be a two day delay in short sale returns and coverage. All the big players on Wall Street get it the day of and yet everyone else has to wait 2 days. How about making the rules fair for everyone and everyone being able to see it the same day. Also I'm sick of algorithmic trading back and forth back and forth back and forth. When you going to outlaw something like that that only big hedge funds can actually do in that other traders cannot. Retail traders cannot buy stocks one by one penny by Penny on the way up in fractions of a second.