Dear Finra, I request you guys to make short selling data more transparent and readily and daily available to the public. Thank you, Jessica Krohn
To whom it may concern,
FINRA has proposed a raft of potential restrictions on so-called "complex" investment products, among them leveraged and inverse funds. Whereas some of the proposed restrictions are at least somewhat reasonable, like passing some sort of rudimentary test to ensure the investor is aware of what the product is, others are downright outrageous, such as not
Short positions should be made pubic knowledge as quickly as hedge funds can see retail investors order flow. We want transparency and accountability.
Comments: A leveraged ETF provides an investor to multiply capital short term without the use of margin. I agree it is not for every investor or everyday use. But removing the option limits participation which is wrong.
By implementing rules that are so easily maneuvered you’re at best turning a blind eye to naked shorting (fraud) and at worst facilitating fraud and the demise of the trust in American Institutions.
I think for a fair and free market it is important that all short positions are reported, why does one side need to be reported but not the other. Let's make it a fair table.
Yes on 21-19 we all need more transparency in short positions and FTD data. In real time would be nice to truly make it a fair and free market.
The lack of transparency with short interest is triggering a crisis of confidence in the US markets. The uncertainty regarding systemic risk is creating a systemic risk in and of itself. The crisis is just beginning.
Enhanced reporting on short sales in a timely manner is long overdue. These new rules can and will create a healthier market, far from perfect, but better than yesterday.
No more FTD. T-0 settlement, show real short interest in live, no more dark pool, if there should be a fine then fine them multi-trillion of dollars of jail time.
