Anonymous-DT Comment On Regulatory Notice 21-19
To whom it may concern: It is my understanding FINRA is looking for comments on 21-19, regarding short posions. I think it is very clear that the current US market is full of nothing but fraud, with the regulatory agencies being complicit. They are complicit through their complacency, with years of unchecked fraud and market manipulaon through naked short selling by large hedgefunds like Citadel and Susquehana being allowed to happen with impunity. The SEC and FINRA have known about this illegal counterfeing pracce for many years, with nothing being done to recfy the illegality of the market condions. Naked shorng is illegal. Condions need to be met by regulatory agencies to ensure it doesn't happen: - Short posions need to be reported immediately by funds and market makers, and public noce needs to be reported daily on a public website for that purpose, for all holdings and companies in the market. - Audits need to happen by regulatory agencies to ensure shorts and FTDs are not being hidden in opons. - Punishments need to be severe enough to ensure it doesn't connue, and in a mely manner. Fines should be minimum 100% of esmated damages. - Large hedgefunds and Market Makers are run by the same company. They need to be broken up. - High frequency low volume trades done in dark pools are being used to influence stock pricing. This market manipulaon needs to be clamped down on, enforced, and punished with heavy fines.