David Kotewa Comment On Regulatory Notice 21-19
I like what you are talking about here daily transparency on fails to deliver, synthetic short positions, married naked options contracts.
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I like what you are talking about here daily transparency on fails to deliver, synthetic short positions, married naked options contracts.
Please, I am asking for a more transparent and up to date form of reporting short interest and dark pool information. All of these ideas listed above are what I want. The fact that large players in the market have info that retail investors do not, creates an unfair advantage. All we are asking for is transparent, accurate, and immediate information, along with the timely enforcement of rule violations and immediate or T+midnight transaction delivery. Thank you for the proposed changes!
Synthetic shares should not be allowed.
Every share should be tracked with unique identifier. Every share should be located and lent only once. Every order should be delivered T+2 or fails mean an exclusion and high cost penalty. Every short position should be updated with FINRA daily. The US market is manipulated by huge financial institutions with naked short selling and share price action manipulation. Please make it a free and equal market and the money will come in worldwide.
To whom it may concern, As a retail investor and American citizen with rights, I synthesize with all other retail investors and institutions who want nothing other than a fair and equal stock market. A stock market that is free and clear of any and all manipulation. We have been the "small guy" for so long without a fair shot in being able to generate wealth, growth, and practice for ourselves and family. Stock market manipulation tactics such as naked shorts, dark pool trading,adder attacks, just to name a few, are all illegal and have diminished our nation's stock market reputation.
Would like rules to be changed so shorts wouod have to report more frequently.
I think it's only fair that short positions are reported on the daily. We live in the information age and I don't see any reason for information to be delayed. This would make it fair for all players in the market. Thank you
We just want a fair market. Short sellers have been doing illegal practices and the SEC just sits around and does nothing. These big hedge funds manipulation the market daily to make billions on short selling. No one should be allowed to short sell a company to bankruptcy. All retail investor want is a fair market and for the SEC to enforce the rules and stop laying over for big banks,hedge funds, and market makers.
Track each share purchased with a universal number or identifier. Shorting a share must have a high collateral requirement which should be verified. Every order should be delivered T+2 or fails mean huge penalty. Every short position should be updated with FINRA daily.