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James Sanders Comment On Regulatory Notice 21-19

James Sanders
N/A

Rule 1. All short sale shall be reported to finra by end of each settlement day. Rule 2. Finra shall make public report the day to day short sale by end of settlement day or the trading week. Rule 3. All unused loaned shares shall be reported to finra by end of settlement day. Rule 4. Finra shall make public the outstanding unused loaned share by end of settlement day of a trading week. Rule 5. All threshold securities sho regulation shall be reported daily with full accounting of fail to deliver end by end of settlement day. Rule 6. Finra shall enforce FTD purchase upon noncompliance with 2 settlement days. Rule 7. Companies should not be able to loan shares to companies if the borrower has any outstanding FTD's or open contracts within the same security. They can sell them, on the open market, but not loan them. Rule 8. All retail order flow that goes through dark pool and/or unregulated channels shall be marked DF-sell and DF-buy