Joshua M Collins Comment On Regulatory Notice 21-19
Joshua M Collins
N/A
I am a fairly new retail investor who got into the market with an interest at the time I saw as positive and opportunistic. After experiencing, first hand, how the market actually works and facilitates abusive naked short selling - that interest has turned into cynicism. What I would like to see, personally, is FINRA to enforce existing rules in a manner that actually seeks to stop market abuse. Here is a simple rule, that doesn't require more than a paragraph: If you fail to deliver on a short position, that position must be closed - immediately. Failure to do so will result in forced liquidation of assets. Simple solution, or is the goal to continue the scam?
Joshua M Collins Comment On Regulatory Notice 21-19
I am a fairly new retail investor who got into the market with an interest at the time I saw as positive and opportunistic. After experiencing, first hand, how the market actually works and facilitates abusive naked short selling - that interest has turned into cynicism. What I would like to see, personally, is FINRA to enforce existing rules in a manner that actually seeks to stop market abuse. Here is a simple rule, that doesn't require more than a paragraph: If you fail to deliver on a short position, that position must be closed - immediately. Failure to do so will result in forced liquidation of assets. Simple solution, or is the goal to continue the scam?