Alexander Gomez Comment On Regulatory Notice 21-19
Please expose all the naked shorting.
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.
Please expose all the naked shorting.
I am an investor in AMC. I, as millions of others, have purchased our shares and held honestly. The hedge funds, however, have continually manipulated the stock market, namely AMC and GME. Their reporting of short interest position and their manipulation of naked shares, dark pool shenanigans, short ladder attacks and getting slaps on the wrist being fined a pittance compared to their net worth diminishes my confidence in the stock market as it does with other retail investors.
Transparency in the market and frequent monitoring of naked shorting. Start enforcing the rules we already have and the fines need to be steep enough to incentivize the Hedge Funds and other large investors to stop with the illegal activity. The fines need to be in the millions to get the point across.thank you Sumita
Even the scales please. The data available to retail and others are not usually accurate or transparent. Synthetic shares are clearly being used and there does seem to be a method of tracking these transactions. Each share should have a barcode or something. We want a transparent and equal market for all! Thank you.
Transparency in the market and frequent monitoring of naked shorting. Start enforcing the rules we already have and the fines need to be steep enough to incentivize the Hedge Funds and other large investors to stop with the illegal activity. The fines need to be in the 10's or 100's of millions of dollars.
There is a lot of "considerating" in the text above. The main point is transparency here and he need for more regular reporting. we are living in the digital era; there should be reporting of short positions every day or at the bare minimum every other day. A week is still too long to wait. Retails positions are known and not hidden.
The organization doing the shorting should not be the one reporting that it actually shorted or the current amount. Everything in the stock market should be electronic, reported as it happens by automated means, and documented for all to see in a central location. Everything in the stock market could be automated and these "market makers" / hedge funds are taking advantage of the system. There should always be someone doing a IV&V of everything that happens. Dark pools should not exist.
I recently joined the stock market. But I see there’s a lot of corruption with short sellers. I hope this can be straightened out so we have a fair market to do trading. Several of my friends are thinking about quitting trading all together if it doesn’t begin to be fair
It is very easy for me to watch a "market maker" or Hedge fund manipulate a stock price to they're benefit by dumping "naked shorts..which are already "illegal" on stocks these funds hold positions in..They problem is is there is o penalties..They are committing fraud and if I did the same thing I would be put in prison..The fines imposed even of 70 million dollars to a 10-20 billion dollar company is ridiculous.
Best execution for retail investor. Best available price at the time for all investors. Stop dark pool trading, transparency on payment for order flow. Stop shorting and synthetic shares.