Skip to main content

For updates and guidance related to COVID-19 / Coronavirus, click here.

Anonymous-CM Comment On Regulatory Notice 21-19

Anonymous-CM
N/A

I dont understand how we as the ou lic can figure these things out about naked shorting, rehypothecation, using OTM calls and Puts to hide FTDs and short positions. How can we find this out with limited information, but it seems large institutions are lost. I think it's fair to say that shorting should be reported because hedge funds and large institutions can't be trusted. I mean it's pure plain and simple capitalism promotes profit. Where's money to be made there will be people abusing the system so why aren't the supposed to report things that could abuse the system? It's just doesn't make any sense whatsoever and the people of the the US are very upset at your institution.