Carl Davis Comment On Regulatory Notice 21-19
Please watch this: https://www.youtube.com/watch?v=AUrjjzWL6_Q&t=300s
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Please watch this: https://www.youtube.com/watch?v=AUrjjzWL6_Q&t=300s
Short selling, as a tool was intended to hit back at corporations that were found to be cooking the books. Unfortunately, today it is a tool with nefarious intention with no regard for the impact it might have have on an otherwise good company, it's entire employee base and downstream jobs it involves itself in. As one who has managed portfolios and also invests privately it has never been more clear that banks and funds collaborate to impact fair value in their favor. If the investment field is ever going to be fair... If the US Stock market is ever going to be trusted...
Short positions should be reported daily along with short interest.
The stock market needs Total Transparency. The Hedge Funds and Market Makers are manipulating the market via the dark pool, by buying in the pools and selling on the open market, to artificially suppress the price of stocks that have been shorted. The act of Naked Short selling is rampant and frequently goes unenforced. Allgorhythmic Trading back and forth to artificially depress prices should be outlawed, as it is obviously market manipulation, should stop. Even when the act is enforced the fines are minuscule compared to the obscene profit reaped!
Yes more transparency. The more information the better.
There is no reason all data from the stock market including short data isn’t transmitted in real time. This isn’t the 1920’s and also “family office” is a sham. It was created in the early 20th century and the rules governing them have never been updated. They should report like everyone else or be used as shells for market makers to hide short positions. Options should never be allowed to created synthetic positions. Create and algorithm that automatically detects naked short selling. This governing body is 20 years behind available technology to enforce rules and regulations.
How about you create a fair and equitable market for all participants. If you have to continue with such convoluted rules, you are still a joke. You and the SEC are a complete waste of regulations, you know what you have to do, but you won't, you are the problem here
Naked shorting and dark pools have allowed manipulation of the stock price. They are able to bring the true stock price dow in order to save themselves which is unfair to the American people!! We work just as hard study the market hard if not harder and we do not have access to manipulate anything it's win or lose for the people. This is so unfair I personally have lost thousands of dollars due to market manipulation! I request that Corporations be exposed for this fraudulent activity. Have them report real dark pool numbers and naked shorts frequently!!
The rules SEC, DTCC,NSCC and all regulators institutions had been promoting should be activated and complied. The naked short sales is illegal so that is a criminal act. As criminal act must be punished with severe penalties not just with a few dollars.
If the US market looks to be seen as a free market we need to have transparency. Dark pool trading has gone on unregulated to the point of becoming a place where institutional investors can go to hide their elicit trades; this needs to end. All authorized shares should be able to be accounted for at any given time during market hours. Fines and penalties for FTDs and naked shorting of stocks should be implemented immediately as well as be heightened to the point they pass any realized gains.