Christopher Nealon Comment On Regulatory Notice 21-19
Christopher Nealon
N/A
Finra 21-19 is crucial to the integrity of the US stock market. Transparency and equal access to data is essential. The current imbalance in reporting and reporting requirements is severely crippling. The unlimited risk of naked short selling should not be allowed in our country. Failure to deliver data and short interest should be reported daily. Monetary and legal recourse are the only way to disincentive bad actors. The alternative is loss of faith in our financial market. The next generation of investors will find other mediums unless the course is corrected.
Christopher Nealon Comment On Regulatory Notice 21-19
Finra 21-19 is crucial to the integrity of the US stock market. Transparency and equal access to data is essential. The current imbalance in reporting and reporting requirements is severely crippling. The unlimited risk of naked short selling should not be allowed in our country. Failure to deliver data and short interest should be reported daily. Monetary and legal recourse are the only way to disincentive bad actors. The alternative is loss of faith in our financial market. The next generation of investors will find other mediums unless the course is corrected.