The proposed amendment to FINRA 4560 is a laughable attempt at improving naked short selling internal control measures, actual regulatory action, or really any kind of further obligation on the part of the involved broker-dealers. There have been hundreds if not thousands of regulatory "actions" taken by FINRA related to short sale, and misreporting/misclassification of shorts. This
There are lots of rules. Few are enforced. There are lots of fines, but none that actually deter illegal market practices. Enforce and fine accordingly with imprisonment and insolvency. No more illegal manipulation thru dark pools, no more illegal shorts and fraudulent shares, no more hiding short positions, no more kicking ftds down the road.
I honestly hope this isn’t just a tactic to calm the masses with the obvious corruption going on in our market. I don’t know if it is possible to keep track of shares to prevent naked shorting, but that would be a great start. There has to be a way of reporting rapidly how many shares have been shorted especially in dark pools!
Please stop the naked shorting, dark-pool secrecy, ladder attacks, spoofing, and all other manipulation within the market! Oh, and yes WAY MORE (Short) accountability needs to be implemented! The people are not stupid! We see what's going on and it is going to end up ruining our country! Why? Greed and Thievery!!!
Naked shorting illegal. Excessive FTD are punished. SSR actually enforced and shorting cannot be done in dark pools. Price manipulation banned. When buying volume is higher than selling volume, the price should NOT be going down. Please look into and start enforcing fair market trading. Thank you.
This market manipulation should not be happening in the USA. A lot of people got hurt Financially and mentally. The number one reason I don't like the Short Sellers is because they are hurting the USA economy. The shorts sellers to me personally are the biggest scammers in the history of the world. They need to pay the bill to everyone including the US economy
If you leave assets untouched and have no contact with the entity holding your accounts for too long, they might be deemed abandoned or unclaimed property. While there are avenues for recovering these assets, there are also preemptive steps you can take to help you avoid this situation.
I do not want "Regulators controlling my stock market purchases or selling of stocks! PERIOD!!!!!!
As an stock market investor for many years, I have invested in a broad range of products including leveraged and inverse funds. I am well aware of the additional risks when added to my stock portfolio. Having the continued right to choose these products maintains my freedom to invest in public securities. Today, I use ETFs as a hedge in these volatile markets. I hedge to enhance my returns
The rules of Finra need to be changed. They may have been created to help reduce the predatory practices of unscrupulous brokers and protect individuals from such practices, and there may be a need to protect individuals from themselves, but we each bear the responsibility of knowing what we are doing at any given time. I have traded stocks, options, futures and forex. It is a lifelong process,
