Hello, I would like more transparency when it comes to reporting short interest. Right now short interest doesn’t account for naked shorting which is illegal but still being done and the data’s does not always reflect the current state. Every platform charge a subscription fee in order to view short interest which should be available just like every other data. Short interest from ortex, fintel,
1. T+0 settlement 2. Market Makers cannot be hedge funds. 3. Stock in hand rule ie short seller must have found and received stock before it can be shorted. 4. Public list of every entity which short sells a stock. 5. Maintenance requirement to short a stock to be cash only with zero marginable securities used as collateral. 6. Fine for Naked Short Selling enhanced to 1000% of stock's value
It would be perilous to impose further checks that can be arbitrarily initialized by brokers with an existing conflict of interest via execution of Dark pools or naked shorting. With the flux of retail investors and the massive flux of public man-hours allocated to investigation of the current regulatory systems. Even with tepid limitations on tort in Canada; The existing premium paid for latency
- Stop illegal naked short selling - Change T+2 to T+0, retail investors should know what hedge funds know - Audits need to happen by regulatory agencies to ensure shorts and FTDs are not being hidden in options. - Punishments need to be severe enough to ensure it doesn't continue, and in a timely manner. - Large hedgefunds and Market Makers are run by the same company. They need to be
The average investor in the United States is kept woefully in the dark when it comes to the dealings of large institutions, such as Citadel. The power institutions like this have to manipulate the market and evade even the simplest rules of the "free and fair" market has proven astronomical. Retail investors need more transparent access to short positions that these large institutions
Something needs to be done with the Naked Shorting companies are doing. Citadel Securities has been manipulating the price action of stocks through dark pool trading, naked shorting, & synthetic shares. The SEC seems to be doing nothing in the retail favor more so doing more for the hedge funds. This past weekend was only good fundamental news for AMC yet they’ve shorted and drove the
This is a joke, what kind of a free market scam are you selling me here? Hedgefunds have caused a market crash before and they're okay doing it again because there is no consequences and infinite bailouts. Retail investors can't even have fair competition with them because they have access to darkpools while we don't, they access to naked shorts and we don't, we don't
Naked shorting and dark pools have allowed manipulation of the stock price. They are able to bring the true stock price dow in order to save themselves which is unfair to the American people!! We work just as hard study the market hard if not harder and we do not have access to manipulate anything it's win or lose for the people. This is so unfair I personally have lost thousands of dollars
Short positions should have to be reported immediately upon hitting the threshold list. Which as you know means FTD's are running rampant, they should be forced to cover in entirety to discourage institutions from dragging out their mistakes if they've had enough days consistently to reach the list. This would have saved them billions to date. Also Prime brokers should be required to
On March 16, 2023, FINRA published responses to frequently asked questions concerning the MMTLP corporate action and trading halt (March 16, 2023, MMTLP FAQ). In that corporate action, the issuer decided that MMTLP shares would be cancelled and investors in those shares would receive a distribution of shares of Next Bridge Hydrocarbons, Inc. (Next Bridge). FINRA has continued to receive questions regarding the circumstances surrounding these events. In particular, some have questioned the level of short selling in MMTLP and suggested that there was a substantial amount of “counterfeit shares.” Although it is not clear what is meant by the term “counterfeit shares,” it has been used in social media when discussing “naked” short selling in a security and failures-to-deliver (FTDs). Some investors have expressed concern that, even though their brokerage account statements include shares of Next Bridge in their account, these shares may not have actually been delivered to their broker-dealer.
