We as retail need full transparency on these synthetic short positons. Hedge funds have an unfair advantage over retail to sway a market one way or the other we need a level playing field. thank you.
Please go to daily reporting so we the retail investor can be on a par basis with the big money hedge institutional investors. There is no reason short interest and FTDs can’t be reported and tracked daily with the current technology available.
T+0 reporting of short interest. No using the options chain to push FTD's past the original settlement date. Restrict the use of dark pools to trades larger than %5 of the float. Generally enforce existing rules in good faith.
Yes! Please make these changes for a more fair and visible market. Individual investors are at a disadvantage when this information is withheld. The market should not favor short sellers as it does now. Congratulations on moving to make the changes the market needs!
T-Evening on positions. T-2 makes no sense for the average joe that trades. Times have changed yet Finra has not adapted. All hedge funds should legally have to make their positions public, especially if a short position.
It needs to be more transparent. What is happening with dark pools is unacceptable. There is corruption running rampant throughout the entire market and it's going to make investors lose faith and pull their money out. Shorting needs to be investigated by the SEC!
By reporting FTDs and short positions it would allow for more transparency. It feels as if there are 2 sets of rules. The retail investor does not have all of the information to better equip themselves in their retail strategy. While giving institutions an upper hand.
SUGGESTED ROUTING:*
Senior ManagementLegal & ComplianceOperations*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On April 17, 1991, the Department of Treasury issued 56 FR 15529-15532 containing proposed amendments to 17 CFR Part 403 ("Protection of Customer Securities and Balances"). The proposal would implement a buy-
2003 - 2004 Filing Due Dates
NASD would like to remind members of their obligation to file the appropriate FOCUS reports, Annual Audits, and Customer Complaints by their due dates. The following schedule outlines due dates for 2004. Questions regarding the information to be filed can be directed to the appropriate District Office. Business questions as to how to file the FOCUS report, resetting
We need to see what is going on. The short selling in dark pools. This is not a fair market. T2 is a joke. It should be same day. Hedge funds need to show there hand. So we all can be on the same playing field.
