FINRA should provide daily updates on short interest and failure-to-delivers. If that isn't feasible, then at minimum a T+1 timeframe should be implemented. Rampant naked shorting along with a financial toolbox that favors large institutions goes against what a free market is all about. As a retail Investor, I do not have the same means or access to the types of information that larger
Must enforce the rules first and foremost. 2nd borrowing of shares once off each share. 3rd Some type of proof the short was covered or the ftd was paid. None of this go short then cover long? 4th if naked shorting is illegal have a system that keeps track of the shares not allowing a float to be bought and sold several times over. 5th enforcing rule it is illegal to loan out shares on cash
Beginning Thursday, September 1, 2022, certain depository institutions (Covered Depository Institutions) will be required to report transactions in U.S. Treasury securities, agency debt securities and agency mortgage-backed securities (Covered Securities) to FINRA’s Trade Reporting and Compliance Engine (TRACE).
FINRA Announces New Electronic Process for Submission of Notice and Information Relating to Distributions Subject to SEC Regulation M
The use of Darkpools to buy stock anonymously and then sell into the market is a misuse of what darkpools we’re intended for and are being used by the institutions to manipulate the stock in an unfair manner against retail investors.
Leveraged funds are no more dangerous than individual stocks. All they do is make slow-moving indexes move more like stocks. Brokers currently have plenty of notices about how this works and investing at our own risk. No changes are needed.
To whom it may concern,
During this economy trying time, it is of critical importance to let people choose what they would like to invest.
Without this freedom, US stock market is going to lose its ground to competing stock markets across the globe!!
FINRA Rule 4111 (Restricted Firm Obligations) addresses risks from broker-dealers with a significant history of misconduct, including firms with a high concentration of individuals with a significant history of misconduct. The rule allows FINRA to impose new obligations on broker-dealers with significantly higher levels of risk-related disclosures than other similarly sized peers, based on
Frequently Asked Questions on Market Orders and Delayed Implementation Date for FINRA Rule 5131(b) and (d)(4)
(a) The Director will serve the Claim Notification Letter on an associated person directly at the person's residential address or usual place of abode. If service cannot be completed at the person's residential address or usual place of abode, the Director will serve the Claim Notification Letter on the associated person at the person's business address.
(b) If a member and a
