Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend the pilot period related to FINRA Rule 6121.02 (Market-wide Circuit Breakers in NMS Stocks).
To whom it may concern, I am writing in support of the proposed changes applied in Reg. Notice 21-19. Particularly as an individual investor in the US financial markets, I am strongly in support of daily aggregation of short interest reporting. I strongly support increased granularity to the account level position reporting. I am adamantly in support of increasing comprehensive synthetic short
Thank you for this opportunity to allow the people’s voices to be heard. With the intent to create more transparency within the market I submit the following rules to be implemented immediately: Rule 1. All short sales shall be reported to FINRA by end of each settlement day. Rule 2. FINRA shall make public report the day to day short sale by end of settlement day. Rule 3. All unused loaned
(I like the strictly agnostic feature of the FINRA form which requires me to state my country but makes sure that America is not defaulted to the top—we must get a simply *enormous* volume of commenters from Algeria and Andorra and Bangladesh and Bahrain and so on.) I’m just an ordinary American—starts with A—from the USA—down near Vanuata—but the common stock and preferred stock and bond and
Leveraged and inverse funds are a valuable tool for maximizing
short term gains and protecting your portfolio in volatile markets. I understand the concerns but I think it's a big overreach restrict the use of these funds by individuals.
Why would you limit my investment choices. Please keep out of limiting my ability to short the market through ProShares. You are unamerican to even consider limiting my choices/
I know what I am doing. I know and accept the downside risk. The leverage of these securities means I do not need to use expensive margin debt or enter into risky short sales. I am delighted with these products.
Finra would be better served finding a way to stop unregulated shorting of many securities in the US markets. This action against Leveraged and Inverse funds inhibits a hedging mechanism that is useful to individual investors.
Its my money. These leverage funds only thing protecting my accounts during crashes.
What, i have to increase risk and short now, or maybe worse, buying constantly expiring puts?
Stop. This is none of your business and you don't know what you're doing. An efficient market needs investors on both sides of a trade....buyers and sellers, long and short, who are responsible for their trades. Not you.
