There needs to be much more clarity, no self reporting, frequent third party analysis, bigger punishmemts for rule breakers. If a HF/MM can earn more than they are fined then its a business cost, they need to be fined double the profit plus face criminal proceedings. As a UK investor, i have everything in the US markets, after the manipulation of Gamestop i have no faith what so ever, even China
Eliminating inverse leveraged ETFs will cause more risk for investors as they will be forced to spend more money on long leaps and be forced to shorting stocks which has unlimited risk. People need to be able to think for themselves and make their own decisions based on their risk tolerance.
I have been investing for 65 years and, at age 90, have not run out of funds. Small doses of leveraged and inverse funds help me deal with trends as I see them. I feel much more comfortable using inverse funds than shorting stocks.
Good Afternoon FINRA, I'm emailing you regarding the proposed rules 21-19 about short positions. The current US market is completely fraudulent with ZERO incentive to do right or disincentive to avoid fraud, with the regulatory agencies being complicit through their complacency. Decades of unchecked fraud and market manipulation through naked short selling by large hedge funds like Citadel
I am a former high school teacher. I have been reading in economics for years. The inverse ETFs permit me to hedge my long positions. They are much less risky than shorting individual stocks. It would be not a help to me to take them off the market.
1) Leveraged ETF is the best . 2) Please do NOT ban it or limit its use. 3) Please ban all short sellers. 4) Please ban all kinds of manipulation of stock price by market makers, hedge funds, and mutual funds. 5) Thank you for not banning leveraged ETF.
Comment Period Expires: August 28, 1995
SUGGESTED ROUTING
Senior Management
Internal Audit
Legal & Compliance
Operations
Options
Executive Summary
The Board of Governors of the Federal Reserve System (Fed.) is requesting comments on proposed changes to Regulation T (Reg. T), which covers extensions of credit by and to broker/dealers.
Comment on Short Interest Position Reporting Enhancements; there needs to be a STOP to borrowing/manipulating stocks through Dark Pool trading. Market Makers should NOT be allowed to sell shares that do not exist. Allowing such fraudulent practices violates the law of Supply and Demand.
I request the following to be taken into consideration for addition to the proposed rule change: - Short positions held by market makers should require enhanced reporting. In addition, anytime an options contract is opened by a MM well below market value for the stock, the time of trade and involved party should be reported. - Incorporate ETF short interest in reporting requirements. - Require
Short selling of stocks, payment for order flow (PFOF) and Dark Pool trading should be banned completely. Shorting was banned by the SEC during the 2008 financial crisis and it has been banned in several markets worldwide. Shorting has caused promising companies to disappear due to naked shorting, manipulation and corruption that is rampant and obvious with no rule or law enforcement. Full
