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Jeffrey Romero Comment On Regulatory Notice 21-19

Hello, as a person who’s new to investing with only 6-7months experience I have seen clearly that the market for small time investors is unfair based on everything I have educated myself during my time investing. What one of the biggest issues I’ve seen is rules broken time and time again by institutions who receive fines that mean absolutely nothing and are paid with ease while the retail investor get nothing that would result in loss of their hard earned money.

Anonymous-V Comment On Regulatory Notice 21-19

I would like to see more transparency in the type of trading that is occurring. Such as inflow of orders and outflow from any and all market makers, instead of hiding the true number of trades (buys and sells). It is public knowledge that market makers, leverage payment for order flow and this should be made public if not removed completely to level the playing field. The odds are stacked against the average person and this video shows exactly that - www.youtube.com/watch?v=W90V_DyPJTs

Christopher T Funakoshi Comment On Regulatory Notice 21-19

Hi Yvonne Huber, and Racquel Russell About myself I am a typical retail investor who has just began studying for the FINRA exams. Concerns/ Suggestions: 1. Please reduce the buy back period for Market Makers to T-0 this is the standard for other countries. 2. Please make the Fee for missing out on the T-0 5% of the FMV of the current price of the share multiplied by the number of FTDs and charge them this fee daily. Until SEC Rule 613 CAT becomes implemented, please create a Waterdown version of it and have a 3rd party auditor review it.

Tam Tran Comment On Regulatory Notice 21-19

These shorts are manipulating the market so badly especially MMAT!!!! The SEC needs to work harder. Retail investors are bleeding real badly. We can all see the obvious manipulation and naked shares. Please do something to help us retail investors. They rich hedge funds are getting richer and us poor retail investors are getting poorer. The graphs show no sell off yet the price drops from $10 to $5.25?! HOW?!

Anon Comment On Regulatory Notice 21-19

Do your job! The daily market manipulation is right in front of your eyes. Naked shorting, FTD's, bs news articles paid for by HF's. We don't need to explain it to you. You are asking, because you already know the problem and just want to pretend you are trying to fix it. You are allowing fraudulent activity within and around the market to happen, and you just turn and face the other way. You better realize that if this isn't fixed, and the hedgefunds win this battle illegally, the US stock market will be destroyed for ever.

Branden Comment On Regulatory Notice 21-19

I think when it comes to FTD's and naked shorting that the fines and punishments should be much more than what the companies failing are making in profit. These companies should be held accountable and have assets liquidated if they do not cover FTD's. Settlement periods should be removed. It shouldn't be a T+2 system. How is it fair to the retail investor when it dates days for us to get the right information.

Mark David Clarke Comment On Regulatory Notice 21-19

I think any company that is an institution, a bank, a hedgefund, a brokerage or a market maker needs to have any of their orders routed through an order monitoring device before it's sent off so that they can no longer keep committing these society destroying crimes. Hypothecation, synthetic shares, naked shorting, naked long calls, falsely hiding puts by making them appear long, diverting traffic to dark pools so it doesn't affect the lit market stock price then dumping the sells into the lit marker to crash the price. The list goes on and on.... It's absolutely disgraceful.