Aaron Glaesemann Comment On Regulatory Notice 21-19
Aaron Glaesemann
N/A
Dark Pools are called that because they remove the transparency of the trade. This is an open market so there shouldn’t market activity that’s suddenly invisible to the rest of market traders. There should be full transparency about shares being bought and sold at market prices. For shares that are shorted and subsequently misreported the financial fines should be proportionate to the real value of the shares. Every misrepresent of a short sale will increase the proportion of the true value and could even exceed the profits of the sale if enough violations have occurred.
Aaron Glaesemann Comment On Regulatory Notice 21-19
Dark Pools are called that because they remove the transparency of the trade. This is an open market so there shouldn’t market activity that’s suddenly invisible to the rest of market traders. There should be full transparency about shares being bought and sold at market prices. For shares that are shorted and subsequently misreported the financial fines should be proportionate to the real value of the shares. Every misrepresent of a short sale will increase the proportion of the true value and could even exceed the profits of the sale if enough violations have occurred.