Retirement income management is all about making sure your retirement savings provide enough income for your needs, and that you don’t outlive your assets. This starts with setting up and managing a portfolio that's right for you.
I fully support all increases in what must be reported with regards to short positions, and the frequency in reporting. If regulators are truly worried about the gamification of the market then close the loopholes and increase transparency particularly around ‘naked’ shorts. Shorts are just tools but dangerous tools that are currently far too easy to abuse with malice intent.
FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective
I would like to see Short interest not be self reported anymore and for it to be reported from regulators such as Finra or the DTCC. If no such action is possible, I would like to see harder fines for misreporting Short Interest, especially if it is a bigger institution as to smaller investors, the fine does not seem harsh enough to get those to stop misreporting short interest
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1/ Synthetic short positions should be included in short interest reports. 2/ REGSHO- information of allocations of FTD's should definately be updated. daily report of FTD's should be mandatory.3/Publication of short interest for Exchange listed Equity securities to include both OTC & Exchange should also be implemented. 4/ Rule 4560-Loan obligations regarding short position
Cash account investor here. Never touched and option or margin. Recently during the merger between TRCH and MMAT, "somehow" my longs were charged with HTB interest. With how my knowledge of CUSIP works, my longs should have never been labeled as short. With the crazy time it took to finalize the merger, DTC holding back (buying time?) Preferred Shares, HTB interest on longs that should
Your proposed regulations of inverse and leveraged funds are unnecessary. The prospectuses already give adequate warning of the risks involved in these investments. Your proposed regulation would prevent people like me from benefiting from the investment strategies offered by inverse and leveraged funds. The use of these types of funds also provide a way for IRAs to short markets. Without these
1.Reduce the reporting period to weekly (or preferably daily) from biweekly. 2.Require that exchanges report failures to deliver and naked shorts alongside covered shorts. 3.Reduce the holding period for reported days from 4 days to 2 or fewer. 4.Document and release the identities of funds that have open short positions and their sizes. This would operate similarly to the way longs and options
Short sale reporting should require actual shares to be in their position to short. Reporting should consolidate every trading day to ensure there is only 100% of the float in circulation. Naked shorting should be a fine at a 15% of the firms last year revenue earned. In addition repeat violations should increase in 30% to impact the firms overall bottom line to ensure it is not the cost of doing
