WE NEED TRANSPARENCY! All shorts must be documented and reported immediately! Also, this idea that you can short a stock by shorting a ETF is stilly. To get an idea of what needs to change, take a look at Citadel's shorting of AMC. All that needs to stop. We need to know EXACTLY how much has been shorted and the return dates. Stop the fleecing of retail traders asap!
Marking shares as "short" & having to deliver ACTUAL shares instead of Failure to deliver. This is a giant problem with hundreds if not thousands of companies in the market. A minimum of once every week, short positions should be revealed & posted WITH ACCURACY! no hiding the true numbers. Shorting is good for the market but "naked" shorts & unlimited
SSR does nothing but give the illusion of short restrictions, most shorting is coming from computers that manipulate the only on an up stick rule . I’ve watched multiple stocks get manipulated and shorted while on SSR . SSR is considered a joke by most small traders . It doesn’t work 90 % of the time if at all. Shorts still short all day everyday , even during SSR .
TO: All NASD Members and Other Interested Persons
ATTN: Syndicate Department
LAST DATE FOR COMMENT: JANUARY 30, 1988.
EXECUTIVE SUMMARY
The NASD requests comments on two proposed amendments to Section 66 of the NASD Uniform Practice Code. The first amendment would require syndicate managers of public offerings to provide members of underwriting syndicates with itemized statements of the expenses
Continuing Education Planning
REQUEST FOR COMMENT
Proposed Amendments to Rule 2720
SUGGESTED ROUTING
KEY TOPICS
Corporate Financing
Legal & Compliance
Senior Management
Trading & Market Making
Affiliate
Conflicts of Interest
Equity & Debt Offerings
Investment Banking
Qualified Independent Underwriter
Rule 2710
Rule 2720
Underwriting Compensation
Executive Summary
NASD is issuing
Hello As a market investor in certain stocks which have been massively naked shorted by hedge funds, I feel we need total and complete transparency of all short positions. All short positions should be made public. All off-exchange dark pools should be banned except for real large block trades, which was the original intent. Naked shorting should be regulated and prohibited to a greater extent.
Shorting stocks is critical for markets to operate with maximum liquidity. Leverage that is speculation that fuels shorting stocks. Many investors dont have available funds in their trading accounts to short stocks directly. Leveraged shorting allows better gains than otherwise. Please keep inverse leveraged funds available for trading
IMPORTANT
PLEASE DIRECT THIS NOTICE TO ALL FINANCIAL AND OPERATIONAL OFFICERS AND PARTNERS
TO: All NASD Members and Other Interested Persons
Since the issuance of Notice to Members 84-48, requests for clarification have been received concerning that portion of the Notice dealing with the treatment to be accorded commissions payable.
After further discussion with the staff of the SEC's
Synthetic Shorts should be reported. Naked shorts are already illegal but with what we've been seeing on AMC and GME stock, and probably many many more stocks that just haven't been scrutinized like these two favorite stocks of mine. There needs to be something done to better make naked shorts "synthetic shorts" no longer performed by more than just a fine. These organizations
