Board Approves Rule Proposal to Shorten the Securities Settlement Cycle to T+1 Consistent with Recent SEC Rule Changes, and Allocation of 2022 Fine Monies
WASHINGTON—FINRA’s Board of Governors met on March 9-10 for the first time in 2023. The board approved a rule proposal to amend FINRA rules to conform to the SEC’s rule changes to shorten the securities settlement cycle and discussed a variety
IMPORTANT
PLEASE DIRECT THIS NOTICE TO ALL FINANCIAL AND OPERATIONAL OFFICERS AND PARTNERS
TO: All NASD Members and Other Interested Persons
Since the issuance of Notice to Members 84-48, requests for clarification have been received concerning that portion of the Notice dealing with the treatment to be accorded commissions payable.
After further discussion with the staff of the SEC's
Private short positions should not be allowed. All short positions should be disclosed to the public
We just want a fair market. Short sellers have been doing illegal practices and the SEC just sits around and does nothing. These big hedge funds manipulation the market daily to make billions on short selling. No one should be allowed to short sell a company to bankruptcy. All retail investor want is a fair market and for the SEC to enforce the rules and stop laying over for big banks,hedge funds
Good day, There is brazen and blatant market manipulation being done by big investors to drive down prices of securities such as AMC and GME, including practices such as naked shorting, ladder attacks, the spreading of misinformation through media outlets, etc. As to the short interest, what is reported is not accurate, as much of what takes place is on "dark pools" and is made of of
FINRA’s National Cause and Financial Crimes Detection (NCFC) Cyber and Analytics Unit (CAU) has noted a recent alert issued by Microsoft on May 30, 2022.
The Microsoft alert describes a remote code execution vulnerability, named “Follina” by security analysts, related to the Microsoft Support Diagnostic Tool (MSDT) that can be used by a threat actor to run malicious code. As a result, a threat
ALL shorts positions must be made public to curb illegal abusive naked short selling. This proposal doesn't go far enough to prevent this practice; for the majority of financial institutions, fines are merely the cost of doing business and well-worth it. Illegal naked shorting is rampant, widespread, and well-known to the public despite FINRA's continued inaction. Do better. I say this
List the institutions that are short and how many shares? Report the amount of shares shorted on each transaction.
I support these initiatives. Full reporting on naked shorting as well. Heavy enforcement of shorting regulations and of these initiatives.
As a retail trader I would like to request more frequent public reporting of short positions and more detail in public records. It is time to enforce the short naked violations/manipulation of hedge funds involved on $AMC, $GME and any other companies been shorted. I would like to remind you that your mission is to protect investors by making sure the US securities industry operates fairly and
