Michael Fogarty Comment On Regulatory Notice 21-19
Michael Fogarty
None
I am a retail investor and have been for close to 12 years now. In my opinion, short sellers should be transparent in their dealings and if I had the ability, I would close dark pool opportunities for institutions since it seems to be a way to manipulate the market data overall. Regulations should be as up to date with data tracking and not be in a delay such as with the Ortix report coming out only 2 times a month. Organizational investors such as institutions and hedge funds along with their ability to high frequency trade makes it almost impossible if not totally impossible to give retail investors the same opportunity to make decisions that they have due to this major lag in data flow to the public, i.e. retail investors. I may be one person leaving a comment on this matter now but my voice speaks for multiple retail investors in my circle of family and friends and possibly many many more retail investors. I am not the most knowledgeable person on this subject but have done some due diligence in researching what I am mentioning here now. Putting regulations in place to hold institutional investors and hedge funds more accountable to short selling may help prevent naked shorting of company stocks in the long run and in turn may help make the market more sustainable to all investors from retail investors like myself to institutional investors who truly are just using the market and not trying to manipulate it.
Michael Fogarty Comment On Regulatory Notice 21-19
I am a retail investor and have been for close to 12 years now. In my opinion, short sellers should be transparent in their dealings and if I had the ability, I would close dark pool opportunities for institutions since it seems to be a way to manipulate the market data overall. Regulations should be as up to date with data tracking and not be in a delay such as with the Ortix report coming out only 2 times a month. Organizational investors such as institutions and hedge funds along with their ability to high frequency trade makes it almost impossible if not totally impossible to give retail investors the same opportunity to make decisions that they have due to this major lag in data flow to the public, i.e. retail investors. I may be one person leaving a comment on this matter now but my voice speaks for multiple retail investors in my circle of family and friends and possibly many many more retail investors. I am not the most knowledgeable person on this subject but have done some due diligence in researching what I am mentioning here now. Putting regulations in place to hold institutional investors and hedge funds more accountable to short selling may help prevent naked shorting of company stocks in the long run and in turn may help make the market more sustainable to all investors from retail investors like myself to institutional investors who truly are just using the market and not trying to manipulate it.