Hunter D Hopkins Comment On Regulatory Notice 21-19
Money is being frequently stolen and manipulated away from common retail investors
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Money is being frequently stolen and manipulated away from common retail investors
Market makers and brokers who hold short positions should be completely transparent about those positions for the public good. Individial short interest in a given security should absolutely be reported up and made available for public consumption in aggregate. The lack of transparency and potential for naked short sellers to completely destroy an otherwise healthy company. If any company can be shorted up to or more than 100% of their outstanding shares, that seems like a disaster waiting to happen.
"Fines" = "hush money". Put the illegal shorters in jail SOON! Stop building your evidence because it's already been done for you via Overstock.com via gamestop via New Mexico vs. Banks. If the policies are preventing prosecution, put a vote to change them. Not next election, TODAY! This conflict of interest happening with your revolving door has got to stop TODAY! These illegal shorts have cost people their lives and their families livelihoods.
Violations should be higher, much higher. This ways future violations will be avoided. It just does not fit into my head that some institutions get a penalty of $10,000 for a violation when they made millions committing the violation??? They are going to do it again and again. This is one of the reasons why I am considering never coming back to invest in the stock market. The stock prices are affected by the malpractice of the wrong doers and all they get is a slap on the hand. And I dont think im the only that thinks like this.
While these increased reporting requirements around the currently broadly abused short selling practices in the stock market (including naked shorting, mis-reporting longs as shorts, re-hypothecated shares, married puts/calls, and fails to deliver) are a step in the right direction, the proposed changes do not go far enough to provide transparency and fairness to the public.
Fair Play. I don’t think a hedge fund should be involve in market maker ( conflict of interest) . Privilege to have first hand information. Short positions must be disclosed. Media should be regulated, they are not financial advisor. They can’t tell people what to buy or what to forget. And the most important. Laws and rules must be followed. Institutions must act accordingly , the employees of these institutions must enforce the rules without looking at whom. We are tired of the collusion in the system, it’s so obvious and must end now.
Help us Help the next generation have a even playground with Hedge Funds. AMC The world is watching. You are human. Help the next generation stop the corrupt. Thank you.
Writing new rules is equal to nothing but [REDACTED] until such rules are enforced. Collecting data is equal to nothing but an empty action until such data is used in a way to enforce the rules. Regulatory bodies have failed miserably in terms of keeping the market fair and transparent for all participants.
I fully support Short Interest Position Reporting Enhancements, I am a 63 year old retail trader who has seen short selling abused over many years. I believe the enhancements plus additional regulations that will help stop the market manipluation using shorts and naked shorts is crucial to head off future financial disasters in the marketplace. Please pass these proposals and consider anything that would stop the market manipulation, naked shorting and repothification of shares. You will not only be doing the right thing, but I think the well being of our financial system depends on it.
As an investor in the UK, who regularly trades in securities in the US Markets - it seems less important to me that you introduce new rules, and more so that you actually enforce those already in place. It must logically be more effective to reign in those who are no -compliant with the current rules, than to spend more time, effort and money on producing, reviewing and publishing yet more rules you then fail to enforce, or even accurately report on breaches thereof.