Rule 1. All short sale 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 of the trading week. Rule 3. All unused loaned shares shall be reported to finra by end of settlement day. Rule 4. Finra shall make public the outstanding unused loaned share by end of settlement day of a trading week. Rule 5.
SUGGESTED ROUTING
Senior Management
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Executive Summary
On May 5, 1995, the Securities and Exchange Commission (SEC) approved amendments to the Interpretation of the Board of Governors—Forwarding of Proxy and Other Materials under Article III, Section 1 of the NASD® Rules of Fair Practice1 (Interpretation). The
Do not take away access to leveraged funds. These are important tools and they are not terribly dangerous. Why attack these? Do something more useful like make it illegal for short sellers to "manufacture" fake shares and make the consequences very very expensive for breaking the law.
I think it's an excellent idea to report short interest positions with more accuracy and transparency, on a more regular basis. I also think FTDs should be reported, again, accurately, and with settlement dates etc in a transparent way.
Comments on Pattern Day Trader RequirementsA lot has changed since the day trading rule went into effect. Settlement is now one business day, commissions have gone to zero at many firms, volumes have exploded. All these factors are in favor of relaxing the day trading rule and eliminating some of its provisions.There is no evidence to suggest that it is riskier to close a trade in five minutes
I think it's only fair that short positions are reported on the daily. We live in the information age and I don't see any reason for information to be delayed. This would make it fair for all players in the market. Thank you
1- Mandate reporting daily; multiple times 2- validate reporting is accurate 3- stricter punishment for inaccurate reporting 4- more crackdowns on naked shorting and failures to deliver 5- require FTDs to be resolved and delivered within a shorter period of time
Request to ban naked short selling and to implement rules that curb it (e.g., T-0). Increase transparency of market makers. Follow in other countries' footsteps in bringing criminal charges and impactful fines ($1B+) against violaters.
Can you please do something about the short/naked shorts going on with AMC Entertainment. I’ve heard Citidel Hedge fund has something to do with it. Please make a change for the hard working people of this country.
Do something about the naked shorts!!! It's illegal!! And why do they just pay a fine? they should be paying the retail investors!!! Us retail investors are tired of this corruption and manipulation! They should pay those FTDs!!
