Comments: I am strongly against limited access to leveraged and inverse ETF's. They are not in any way conceptually confusing and they are always accompanied by significant disclaimers describing their short term nature and the extra volatility expected. Limiting access to these products would decrease my ability to effectively manage the risk in my portfolio, especially on the short side.
Only available can create a short position & make shorts repay 4 times the amount they shorted when it’s time to cover there loss.
What implementation period would be appropriate to provide members with sufficient time to make the systems changes necessary to comply with this requirement? Change needs to happen as soon as possible, immediately to restore faith in the markets. To make these crooked markets somewhat fair to retail investors. FINRA is considering whether daily or weekly short interest position reporting would
Short selling restrictions. They should be forced to cover all short positions weekly if not daily. Market makers and hedge funds should not have the ability to short during pre or after market while most retail investors and the apps used are shackled to not being allowed to buy. Hedge funds should have to report daily their short positions and accurately, they should not be allowed to police
Finra should absolutely be stricter on the frequency and the details reported on shorts and short interest. No company should be getting shorted any more than 75%
Short sellers should be required to report their short positions daily, of all trades on the lit exchange and the dark pools. Failure to do so should results in forfeiting all profits made and in case of a loss, short sellers should be fined half of the amount they lost, if short sellers continue to not follow the rules fines should increase for 2nd and 3rd offense, after the third strike, a
We want better short sell reporting, end of day settlements, better short sell marking of shares, much stronger penalties or jail time for short sell violations, and market manipulation. Stop allowing retail investors to get ripped off and bullied. Things like dark pools, naked shorting, and general lack of transparency makes retail investors lose confidence in the market as a whole.
Hello FINRA, As an active retail investor, I would like to see brokerages be held accountable to publish hourly (maximum, daily) short interest position figures that include: - The volume of short interest positions taken by their clients in a given hour or day - Details on all of the short interest orders, including specifically the price and quantity of short interest orders that have occurred
Retail investors are losing faith in the market. I urge you to take action to regularly disclose all short positions, whether genuine or synthetic (through married options, for example) on a weekly basis. This will allow individual investors to make more informed decisions about which companies they should invest their money in and will resolve the question of whether bad actors are using illegal
On January 31, 2022, FINRA introduced the Participant Data Management System (“PDM”) which firms now use to manage access to the FINRA trade reporting facilities, including TRACE, ORF and ADF. PDM also allows firms to add, view, and modify users of the TRAQS web interface. Firms are strongly encouraged to use PDM to review their TRAQS users on a regular basis to ensure that accounts remain valid
