Regulatory ObligationsRules 203(b) (Short sales) and 204 (Close-out requirement) of Regulation SHO provide exceptions for bona fide market making activity. The SEC has provided guidance on what constitutes “bona fide market making activities” as well as examples of what does not. Firms must also confirm and be able to demonstrate that any transaction for which they rely on a Regulation SHO bona
It is due time that we make the stock market more transparent for all investors. Dark pools used to hide buying pressure on stocks and shorting them on the open market is manipulation. We need to do away with dark pools all together and also have a means to know exact short interest other than " Self Report data" .
Hi January 01/28/2021 There were pure Manipulation for share price for illegal short covering. I wanted to purchased $nok share with Cash account in the morning but they intentionally blocked my order so hedge funds can cover their illgeal short position... I no longer believe in our finnical system. He is live video with proof... https://www.youtube.com/watch?v=69QNPHNU5zc
Dear mod I’m a full time trader since 2015! I experienced allots of good company stock destroyed by short seller. So many of investors are in the road because of then and some of them wait years but shorts never cover their positions! I really want finra to change this system as soon as possible. I’m sure this will help the regulator investor ( thank you )
I personally believe that short interest data should be available live without any delays (i.e. T+2 settlement) and that ALL short interest data must be reported across the board. Additionally I believe that fines for illicit practices should be equal to no less than the profit of the particular trade PLUS an additional 10% in order to discourage the practice from happening again.
I want much more transparency in the market, especially when it comes to buy/sell orders in ATS. All information market makers have when it comes to filing for a short position should be just as accessible to retail traders. Lastly, short positions buys/sell should be disclosed the day of filing. No more T+ nonsense. Thank you kindly, I hope this helps.
It is clear that the integrity of the United States market has been strained to the edge of collapse, in large part due to risk resulting under the regulatory authority of FINRA's outdated, short-interest reporting policy.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 reporting, they also leave significant specific
FINRA reporting should fully cover all positions held in publicly traded companies. The reporting period should follow the standard settlement period. All reporting should be made available to the public within 2 hours of market close on a daily basis. All positions, including short positions should be required to be included without exception. Failure to accurately disclose a short position in
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Regulatory Obligations and Related Considerations
Regulatory Obligations
Rules 203(b) (Short sales) and 204 (Close-out requirement) of Regulation SHO provide exceptions for bona fide market making activity. The SEC has provided guidance on what constitutes “bona fide market making activities” as well as examples of what does not; member firms must also confirm and be able to
I'm a retail trader. I'm glad strongly in favor of enhanced short and FTD reporting requirements. Knowing the true short interest and quantity of FTDs on a security are important metrics for me when I'm evaluating an investment. There are currently too many ways for large players in the system to obfuscate this information. Please do everything in your power to ensure that true
