FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective
FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective
FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective
FINRA is about as effective as a mall cop, police but have no teeth. Fines companies millions for crimes that made them billions. 3 generations have been short sold down the river. We would not have as many poor folks or homeless if the hedge funds didn't short companies to BK. Dark Pool trading has allowed hedge funds to short well past being a market maker. One hedge fund donates 70
Continuing Education Planning
Short positions should be required to report more regularly and the short interest of a stock should be known rather than estimated every other week.
SUGGESTED rOUTING
Senior Management
Continuing Education
Legal & Compliance
Executive Summary
The Securities Industry/regulatory Council on Continuing Education (Council) includes 13 members representing a cross-section of securities firms and six self-regulatory organizations (SrOs).1
I am Mary L. Schapiro, President of NASD Regulation, Inc. NASD Regulation, Inc. and our parent, the National Association of Securities Dealers, Inc. (NASD®), would like to thank the Subcommittee for this opportunity to testify on the securities day-trading industry
This proposal is just another attempt to restrict the options, retail investors have to invest in the market. Large institutions have always had a clear advantage, privy to information first, flash trading etc. Restricting retail investor's ability to short or long the markets using these types of vehicles is, once again giving the institutions the upper hand in playing in a field they
I believe that complete short positions and short interests should be publicly reported on a hourly to daily basis for public knowledge. Without it, retail investors are at an unfair disadvantage.
