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
(a) For purposes of the Rule 6300B Series, unless the context requires otherwise:(1) "Exchange Act" or "SEA" means the Securities Exchange Act of 1934.(2) "Designated securities" means all NMS stocks as defined in Rule 600(b) of SEC Regulation NMS.(3) "Member" means a broker or dealer admitted to FINRA membership.(4) "Market Maker" means
Greetings, Without the ability to trade leveraged/geared funds many main street investors will fall short of a viable savings to retire securely. Given the shortcomings of our elected officials to address fair and equitable Social Security reform it is up to us and the current wide range of investment options to secure our own future.
As a common retail stockholder, I would very much like to see much more current and much more detailed reporting of short sale activity. I would also like to see investigation as to possible malicious or surreptitious activities by large companies with resources not available to retail investors.
We want more frequent public reporting of short positions and more detail in public reports. The entire market is rigged. Authorities are not doing their job. The public think they are on the side of the hedge funds who have created all these problems and taken advantage of this broken system for decades.
I use leveraged products as a small part of my portfolio to both hedge as well as enhance gains. I learned to use these leveraged products from the information provided to me on provider web sites well informed of the dangers "that these are not long term" investment strategies. I have gained from both short and long leveraged products.
Inverse funds help me protect/hedge my investments especially within accounts where using alternative methods (i.e. shorting, derivatives, etc.) is not available. Leveraged funds help me enhance my returns in a similar manner except to the upside in, mostly retirement, accounts where options trading isn't available.
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