To whom it may concern: It is my understanding FINRA is looking for comments on 21-19, regarding short posions. I think it is very clear that the current US market is full of nothing but fraud, with the regulatory agencies being complicit. They are complicit through their complacency, with years of unchecked fraud and market manipulaon through naked short selling by large hedgefunds like Citadel
The current US market is tainted with fraud, with the regulatory agencies being seemingly aware or not doing their function properly. Through complacency - years of unchecked fraud and market manipulation have been allowed to happen with impunity. The counterfeiting practice of naked shorting has happened for many years, with nothing being done to rectify the illegality of the market conditions.
I request that ALL shorting must be reported daily, and that ALL dark pool trading must be reported daily. Also all dark pool trading MUST be bought and sold within the dark pool, or all LIT trading is bought and sold in the LIT market. Not trading all the buy orders into the dark pool and sells into the LIT market. Honestly the dark pool should not even exist. Shorting needs to be redone as well
It is my opinion, as a new investor, that clarity of information be the most important aspect of regulation. Beyond tagging each individually purchased share, there is little to no way to keep track of shares that have been shorted, and the delivery process is convoluted. Without going into specific details, and instead focusing on the motive aspects of reporting and regulation, the want and
When Regulation NMS was adopted, the SEC and market observers did not recognize ex-clearing as a significant loophole. In the original crafting of Regulation SHO (implemented in 2005), the industry told the SEC that ex-cleared trades were "rare". As such ex-cleared trades were exempt from much of the short selling regulations. Dark pool trades (ATS and OTC) in 2021 now make up a
I wholeheartedly agree with the proposed short interest reporting changes in this notice and continued heightened supervision of short interest reporting. I’m a believer that synthetic volume defiantly counters a fair and free market. Retail traders have continuously been walked over by the “system” since the stock markets inception. As a fellow regulator, I know first hand the importance of “
Hedge funds and shorts are manipulating the financial system to make revenue gains while retail investors don’t have equal opportunity to realize gains with not as much capital available to them. This creates a very toxic ecosystem within the stock market industry.
The hedge funds are not covering any of their shorts on $AMC. It’s horrible that the SEC won’t step in and make them cover. People are losing faith in the stock market and will be horrible for the economy. People won’t want to invest anymore. The SEC needs to make it right.
I think the current system of allowing financial institutions to transfer their short positions is highly ineffective and damaging to the stock market as a whole and must be stopped. If parties involved in shorting companies cannot cover their positions after failing to deliver in the already existing time periods and have passed the fail to deliver threshold list requirements I think they should
Hello, I have no affiliations with professional investing, I just started getting into it last year at the height of the pandemic. With that said, there is an obvious disregard for being truthful about short selling due to recent events and am happy you re looking to retail investors to get their take. Either a daily or weekly report that is NOT self reported would be best. Self reporting seems
