Corinne Comment On Regulatory Notice 21-19
changes look good, more transparency the better
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changes look good, more transparency the better
Please make these changes. Having more retail investors will only help the markets. Without these changes less and less retail will invest in the market due to the playing field not being level. Transparency is needed!!
The manipulation in the market is obvious. Details come out every day that point toward market manipulation. Information has been released on previous manipulation that led to the recession in 2008 and it is obvious that no lessons were learned from that crash. Money makers are only concerned with creating enough profit through manipulation to pad themselves during these economic downturns. Retail investors are left with savings dwindling and the hopes they have for financial endeavors and retirement disappear before their eyes. It is time for someone to be held accountable.
All shares should be visible and trackable. Every share should be able to be accounted for. There should be higher accountability on naked shorting and FTDs and for those who use the illegal practice should face severe consequences.
There is so many practices they hinder or handicap the retail investors. I desperately ask for investigation and immediate remedy of the current unbalanced and corrupt investing atmosphere.
Digital data doesn't require days to locate. Short interest and FTD data is able to and should be reported daily. The varying T+ cycles have proven to work in the favor of Funds that make their money shorting companies out of existence, by allowing them to be wildly over-leveraged in their positions and also creating opportunity to take advantage of methods like naked short selling. If the data isn't reported, the market price isn't accurate. The rules are an illusion and the fines are effectively a small fee to pay to be able to abuse the market in these manners.
Further reporting should be required for short positions and failure to delivers
There must be transparency to eliminate illegal activity. These submitted changes would create a fair market rather than one as it's currently in place which gives institutions and brokers leverage over the retail investor and allows for underhanded tactics to manipulate the market.
We, the retail investor, need current and up to date, daily information. We, the retail investor, require fairness and equality in making good decisions concerning the investments we choose. With current and up to date daily information, lets us make better financial decisions.