Skip to main content

John C McKenna Comment On Regulatory Notice 21-19

All short selling including naked short sell needs to be reported daily and monitoring must be in place to prevent abuses from market manipulators. Also dark pools of stocks must also be reported and regulated and the failure to deliver crisis must be resolved and those shares must be bought. Supply and demand is a basic principle of are democracy and should be reflected in pricing from stocks to housing market and any goods that are sold. Please resolve this transparency problem and make the stock market fair for everyone and stop market manipulation.

Neil Robertson Comment On Regulatory Notice 21-19

Short positions should be force closed on failure to deliver. The ability to cover a failed delivery with options or collateral does not excuse that an investor is actually stolen from with a failure to deliver. Also of concern, the "can kicking" through synthetic share production by means of options contracts. No one should be allowed to have 400 million put contracts on the books. Is this not the same as saying they are purchasing the right to sell 4 billion shares? What if that number of shares doesn't exist for the company? How is there not oversight of this?

Aaron B Comment On Regulatory Notice 21-19

The revelations of opacity around short selling, trade settlement, and unlit off-exchange trading is deeply troubling and an abomination to the ideals of free and transparent capital markets. The delay and self reporting of short interest, coupled with lack of meaningful deterrents like imprisonment or material fines (fining Robinhood $70 million for their role in the January Gamestop shenanigans is an amount so paltry relative to their revenue and profit, it can only be considered a bribe), results in daily market manipulation and theft from the average retail investor.