First of all- Proverbs 13:22 says that the sinners wealth is stored up for the godly. And good people leave an inheritance to their grandchildren! I fully believe that the Lord is bringing about a great transfer of wealth thru many means and avenues not just the stock market. I've seen Him (the Lord) use real estate and my husband and I were beneficiaries of that a few times. All that being said it is SO obviously to almost everyone who is paying attention and probably voted for Pres. Trump that the system is rigged against the average American. These short sellers, hedgefunders and firms like Citadel are wicked! these increased reporting requirements around the currently broadly abused short selling practices in the stock market (including naked shorting, mis-reporting longs as shorts, re-hypothecated shares, married puts/calls, and fails to deliver) are a step in the right direction, the proposed changes do not go far enough to provide transparency and fairness to the public. Please consider providing all of this data to the public - the number of settled legal cases around predatory short selling (market manipulation) by major market makers, brokers, hedge funds, and banks in the past 2 decades show that it is an area ripe with fraud, with insufficient regulation and especially, insufficient transparency to the public. *Fraud exists in darkness and secrecy*... it is far past time to shine a light on this.
Tara Comment On Regulatory Notice 21-19
First of all- Proverbs 13:22 says that the sinners wealth is stored up for the godly. And good people leave an inheritance to their grandchildren! I fully believe that the Lord is bringing about a great transfer of wealth thru many means and avenues not just the stock market. I've seen Him (the Lord) use real estate and my husband and I were beneficiaries of that a few times. All that being said it is SO obviously to almost everyone who is paying attention and probably voted for Pres. Trump that the system is rigged against the average American. These short sellers, hedgefunders and firms like Citadel are wicked! these increased reporting requirements around the currently broadly abused short selling practices in the stock market (including naked shorting, mis-reporting longs as shorts, re-hypothecated shares, married puts/calls, and fails to deliver) are a step in the right direction, the proposed changes do not go far enough to provide transparency and fairness to the public. Please consider providing all of this data to the public - the number of settled legal cases around predatory short selling (market manipulation) by major market makers, brokers, hedge funds, and banks in the past 2 decades show that it is an area ripe with fraud, with insufficient regulation and especially, insufficient transparency to the public. *Fraud exists in darkness and secrecy*... it is far past time to shine a light on this.