Please leave well enough alone. If you want to do some restricting then restrict Congress and their families from front running stocks.
I support these regulations giving more data and transparency to keep manipulation of the stock market from occuring.
I OPPOSE limitations on the investment. It is my right to buy leveraged and inverse funds like UltraPro and UltraPro Short funds. Public investments should be available to all of the public, not just the privileged. I understand leveraged and inverse funds and their risks. I use them to protect my investment and they are very important tools in my investment strategy.
To whom it may concern, As a retail investor, I believe transparency is vital to a fair and efficient market. I think it is unlawful for a company to be shorted more than 140% of its float. In no other industry can you sell 140% of a product legally. It is important that this is taken seriously as the integrity of the market is at stake.
It is very easy for me to watch a "market maker" or Hedge fund manipulate a stock price to they're benefit by dumping "naked shorts..which are already "illegal" on stocks these funds hold positions in..They problem is is there is o penalties..They are committing fraud and if I did the same thing I would be put in prison..The fines imposed even of 70 million dollars
FINRA has launched an online advertising campaign, Get Your Head in the Trade, encouraging new investors to understand investment risks and rewards as well as their own financial goals and risk tolerance before making an investment decision.
Term
Description
Exceptions Periods
Date of all listed options position, as reported.
Total Number of Exceptions
Total number of issues reported during the period.
Large Options Positions Reported (LOPR) - Listed Detail Data
Term
Description
Position Date
The position date
All short positions need to be reported hourly. Positions need to be report on open and close. Substantial fines, up to the cost of the underlying need to be levied against those improperly filing or not filing at all. This data should be available in full no later than end of business day.
I think the SI data should be reported daily to FINRA. FTD recover period should be reduced to T+2 and if not obeyed a 500% of the position should be fined to the accountable. Naked shorts should be reduced to a minimum, and ALL data should be accessible to the public, at the end of every market day.
Transparency in the market and frequent monitoring of naked shorting. Start enforcing the rules we already have and the fines need to be steep enough to incentivize the Hedge Funds and other large investors to stop with the illegal activity. The fines need to be in the millions to get the point across.thank you Sumita
