We must have daily reporting of short positions. We must see strict regulation of naked shorting and massive fines for abuse. We must see strict regulation of dark pools. We must see daily reporting of FTDs. I have zero faith in our financial system after witnessing the blatant manipulation perpetrated by certain hedge funds and market makers all while retail investors are blamed.
Naked shorting, synthetic share creation, and dark pool order flows for payment need to stop. The algorithms are out of control and have caused our financial systems to be nothing more than programmed manipulation by hedge funds which do not have the interest of the retail trader at heart. Shorts need to report daily and FTDs need to be fully resolved by day 13th - not just the minimum payments
Dear Sirs: I am writing to express my opinion that existing investor access to leveraged ETFs should be maintained. These investments are straightforward (leverage 1X, 2X, 3X, etc.) and every investor must understand that risk is inherent with these investments. As with any other investment. I consider leveraged ETFs to be much less risky than US traded Chinese stocks. The Chinese Variable
I oppose any restrictions on the ability to freely trade any public commodity. I oppose any trade restriction on any commodity simply because they are leveraged, or reverse leveraged. I trade in these stocks almost daily and they make up a significant portion of my portfolio. A private investor should not have to jump through bureaucratic hoops in order to freely exercise their right to
We should have a free choice to invest inside a regulated universe. A basket of leveraged fund is not different than a stock with high beta as both could react to volatile market conditions. Oftentimes, it is better due to some diversification benefits which is not available on a stock , which are spurred by speculative positions. Inverse leverage funds offer cheaper alternative than options to
You want the people to trust the government and believe that they have the peoples best interest, then do something about all the illegal stuff Wallstreet and hedge funds do. Stop the massive amounts of shorts they have. Stop them from shorting a company out of business. Do something about all the FTD'S. Really Stop the short ladder attacks that they use to deliberately drive the price down
Short positions should have to be reported immediately upon hitting the threshold list. Which as you know means FTD's are running rampant, they should be forced to cover in entirety to discourage institutions from dragging out their mistakes if they've had enough days consistently to reach the list. This would have saved them billions to date. Also Prime brokers should be required to
There is so much of blatant manipulation going on in market and synthetic shares created out of no where. Request very strict jail or otherwise punishment and strict law to avoid such practice which impacts retail investors. Short selling should be allowed only on limited percentage basis and naked short selling amd derivatives contract around same should be out right banned to avoid castor
Industry Governor (Large Firm Representative)Managing Partner, Edward JonesGovernor Since 2022Committees: Audit & Risk Committee, Finance, Operations & Technology CommitteeProfessional ExperienceEdward JonesManaging Partner (2019 – present)Principal, Client Strategies Group (2015 – 2019)Principal, Branch and Region Development (2011– 2015)Principal, Branch Office Administrator
Each participant will be charged a monthly fee for use of the FINRA/NYSE Trade Reporting Facility. The monthly fee will be calculated as follows:
(a) If the participant submits one or more trade reports to the FINRA/NYSE Trade Reporting Facility during a given calendar month, the participant will pay a monthly fee equal to the sum of (i) $1,000 plus (ii) $0.0055 per published tape report.
(b)
