TO: All NASD Members and Other Interested Persons
EXECUTIVE SUMMARY
The Securities and Exchange Commission recently approved amendments to the Board of Governors' Interpretation on Prompt Receipt and Delivery of Securities and Article III, Section 21 of the NASD Rules of Fair Practice (SEC Release No. 34-23572). The amendments, which will become effective on October 15, 1986,
Hi January 01/28/2021 There were pure Manipulation for share price for illegal short covering. I wanted to purchased $nok share with Cash account in the morning but they intentionally blocked my order so hedge funds can cover their illgeal short position... I no longer believe in our finnical system. He is live video with proof... https://www.youtube.com/watch?v=69QNPHNU5zc
I personally believe that short interest data should be available live without any delays (i.e. T+2 settlement) and that ALL short interest data must be reported across the board. Additionally I believe that fines for illicit practices should be equal to no less than the profit of the particular trade PLUS an additional 10% in order to discourage the practice from happening again.
The mission of Regulatory Economics and Market Analysis (REMA) is to elevate FINRA’s ability to make sound regulatory and policy decisions and foster innovation in regulation through best-in-class research and analysis.
I want much more transparency in the market, especially when it comes to buy/sell orders in ATS. All information market makers have when it comes to filing for a short position should be just as accessible to retail traders. Lastly, short positions buys/sell should be disclosed the day of filing. No more T+ nonsense. Thank you kindly, I hope this helps.
As a retail investor, I believe all of the proposed changes should be enacted. Transparency is a requirement for our markets to remain fair and free. Gamestop had a short interest of 140% of the float at one point in December 2020/January 2021 which lead to the WallStreetBets short squeeze and subsequent trading restrictions because of systemic risk. If the short interest had been reported on a
FINRA 21-19 is a long overdue change. It is critical for the survivability of the US Markets that transparency and trust remain with to sustain it. Recent events have called that critical trust relationship into question, and as an American who serves this country, I urge FINRA do its utmost to ensure that the integrity of the United States markets remain intact. Unfortunately, businesses have
Over the last couple of years, leveraged and inverse ETF became a trendmedously useful tool for hedging my overall investment portfolio. There are times where I just cannot send my core holdings, and inverse ETFs became a very useful tool for hedging, especially in IRA accounts. It is far easier to use and safer than Shorts and Options.
Without these inverse and leveraged ETFs, you will be
Who are you to say what is too "complex" for the average person to trade? Why take away a legitimate tool to help us hedge down turns with inverse funds or make up for losses with leveraged funds? Brokers already require we read documents and know the risks associated.
How about you worry about something that actually matters like naked short selling, short selling in general
Freedom to trade in the stock market should not be hindered in order to give others an advantage. Also, trading on uptrends and downtrends should not be hindered since its a natural movement of stock market price action.
