Do not restrict the public from buying Leveraged ETF's. Leveraged ETF's are are no more risky than an individual stock, as most all stocks always have that possibility of going bankrupt. Penny stocks are more risky than leveraged ETF's, and penny stocks are available for public purchase. Do not restrict the public from buying Leveraged ETF's.
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REQUEST FOR COMMENTS
EXECUTIVE SUMMARY
The NASD requests comments on proposed amendments to
Since so many naked shorts are linked with FTDs, why don't you enforce the current rules regarding FTDs? Hedgefunds and Market Makers are currently "kicking the can" down the road and hiding Naked Shorts. I have seen estimations of FTDs that total into the $TRILLIONS of dollars and FINRA & the SEC are going to be complicit in the coming recession/depression caused by
As a retail investor, I would like to even the playing field with institutional investors by allowing us the same access to information that they have, especially regarding short positions. Also, in addition to that, I would like short positions to have to be reported daily by no later than 30min after closing bell. This is MORE than enough time for them to calculate their total shorts taken that
All short positions should be reported including synthetics (why does that even exist). Every share should have a unique identifier that can’t be lent out multiple times (like we used to have with physical paper). Maybe we could have a free capitalist economy if competition was allowed and the best companies perform the best. A company shouldn’t be shorted and driven to bankruptcy because someone
Reporting partial short interests does nothing but mask the trickery of hedgies. A good rule change for FINRA would be to report from ALL exchanges both lit and unlit. Get rid of T + 2. Provide exact real time interest charges. Hopefully the SEC would ban naked short covering with options or ban naked shorts entirely. Basically level the playing field between Wall Street and retailers. If we can’
First, any organization or entity should have five times the amount of collateral to support a short position. Dark pools where synthetic shares are utilized to manipulate market share price to falsely depict covering of shorts should be deemed illegal and regulations should be placed to cease and detect. If an entity fails to deliver on a short position, their position should be liquidated and
Retirement plans like a 401(k) are long-term investments. But that doesn’t mean you should set them up and forget about them until you retire. Schedule an annual 401(k) “checkup” to make sure your plan still meets your needs.
All short positions made by large institutions should be reported including naked short positions daily.
FINRA 21-19 is a regulatory change we must incorporate and enforce in our markets. It is clear to me as a retail investor that the integrity of the US market has been strained, and personally I have lost almost all faith in it. This sentiment stems from the regulatory and enforcement failure in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short
