Christine P Comment On Regulatory Notice 21-19
I support these regulations giving more data and transparency to keep manipulation of the stock market from occuring.
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.
I support these regulations giving more data and transparency to keep manipulation of the stock market from occuring.
I support all of these initiatives and believe that their implementation is a step in the right direction for having a truly free, transparent market.
These changes will be greatly appreciated. It is more than unfortunate knowing there have been companies which went out of business due to coordinated over shorting of their stocks. The enrichment of a few companies, much less individuals, at the expense of thousands of jobs and millions of retirements is abhorrent. I hope we see more changes to stabilize and unobfuscate the markets moving forward.
We are tired of crappy stock markets..we need transparency of the stovk market... Citadel needs be broken into tiny pieces...how can someone be hedge fund and decide what do with retailers money... Are guys being held hostage by wallstreet.. 2008 economy go down..who gets bailed out.big money...2020 economy takes a shit..guess who the first to cry again. I think america is here cater for big wealthy pple..i hope we going see serious change... the people who took ppp loans and buy Lamborghinis are beibg rounded up by irs..
Nothing is done to stop criminals from wall st from manipulation of GME and other stocks. This is insane. The US market is a shame and after GME I will never touch the US market again. These people from citadel need to go to jail not a silly fine
The new reporting has some very good aspects. The problem is that they will be enforced by fines in the tens of thousands of dollars, when breaking them will result in millions of dollars in profits. The penalties need to be strong enough to stop the actions, and should include loss of privileges as market maker, or broker.
I think these proposals are essential if you want retail to have any confidence in the financial markets and keep investing. It has gotten to the stage where the playing field is so skewed in favour of institutional investors at the expense of retail that you risk seeing retail completely withdraw. I think these proposals will help.
Please implement the rules and enforce them. The public deserves a fair and level playing field. Currently that is not the case. Thank you in advance.
Please make this happen. There’s just no reason why we can’t have up to date information in this day and age. Transparency is important to a functional capitalist system
I fully support the expansion of requirements in reporting outlined within the background and discussion section.