The following paragraph is copy and pasted, but I whole-heartedly support the message. I believe our markets should be efficient and transparent, not behavioral and speculative. FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of
These rules are essential for retail traders to have a chance at Making money in the market by themselves. Hidden short and synthetic short position set up retail for failure. It would be great to see FINRA adopt and enforce these rules
It is more than obvious that several agencies are not complying with the rules for naked shorts and FTD's. Retail investors should have the same real time information as hedge funds to include short interest and real time trading.
Things FINRA should implement: 1. Automated daily reporting of short positions 2. Automated daily reporting of all trading in Dark Pools 3. Automated daily reporting of synthetic shares/naked shorting 4. FTD should be delivered T+2, no exceptions. 5. All data accessible to the public in real time. 6. Force all Market Makers to give retail investors routing options on trades. (option to have your
The actual short interest of AMC is not correctly reflected on the websites provided to public. If FINRA wants to investigate in real, then it has to look up dark pool data and short interest in dark pool and only the orders related to sell are routed through exchange and rest buy orders are routed through dark pool. THIS IS NOT FAIR AS NAKED SHORTING WAS BANNED IN 2008 BUT IT IS SAD TO SEE THAT
I've been investing in inverse and leveraged funds for the last 2 years. They're a valuable tool to gain exposure to other sides of positions, such as short ARKK (SARK) without having to worry about things such as options or short squeezes. Please reconsider any restrictions you may be considering.
In a free market people are allowed to short the market. Inverse ETFs are a much-needed product for people who don't want to use margin and don't want to short and want to leave it to the professionals to short. Free markets go up and down and any investor or Trader should have the ability to buy and sell based on technical analysis. To disallow inverse and triple inverse ETFs
I would like to see better enforcement of short sale rule (SSR) used by hedge funds. I would like to see more frequent public reporting of short positions and more detail in public reports of SSR movements.
1) real time short interest reporting 2) complete short interest reporting 3) same day transaction settlement 4) real time FTD reporting 5) fine amounts that actually deter behavior 6) real prison time to deter behavior
We need daily report on short positions, and a overall crackdown on naked shorting and dark pools. Fines should be served with jail time, if you fine someone a few million, when they make billions, there is no incentive to stop.
