Ricky Nicholas D'Anna Comment On Regulatory Notice 21-19
Every large institution, hedge fund or bank should have to report their short position(s) immediately and made public. The time is takes for market makers to cover failure to delivers on the thresh hold list needs to be reduced from 13 days to 5 days. All failure to delivers should be reported 3 days after a trading day. The penalty for creating synthetic shares should be the same as creating counterfeit fiat. Fines for market manipulation should equal profits made by said manipulation. High frequency trading should be abolished all together, it is used to manipulate stock prices. Any entity should not be allowed to be a market maker and a hedge fund at the same time. No one market maker should be allowed to control more than 15% of market transactions.