Charles B Mundorf Comment On Regulatory Notice 21-19
Charles B Mundorf
Self employed
These fines need to be raised! It's not fair that someone can net millions in undisclosed naked short positions and only be fined 10k for ruining a company! That's very suspicious for FINRA as you figured that was satisfactory. Every Short positions NEED to be disclosed and accounted for to stop the manipulation in the market! I'm also not so sure that the dark pool is a reputable source to pull shares off exchange. If retail does not have access to the dark pool no one should have access to the dark pool! We need to make this game fair for EVERYONE playing it, and make examples of the people who's malicious intent that corrupted the market
Charles B Mundorf Comment On Regulatory Notice 21-19
These fines need to be raised! It's not fair that someone can net millions in undisclosed naked short positions and only be fined 10k for ruining a company! That's very suspicious for FINRA as you figured that was satisfactory. Every Short positions NEED to be disclosed and accounted for to stop the manipulation in the market! I'm also not so sure that the dark pool is a reputable source to pull shares off exchange. If retail does not have access to the dark pool no one should have access to the dark pool! We need to make this game fair for EVERYONE playing it, and make examples of the people who's malicious intent that corrupted the market