Proposals look great and I'm in agreement with all as they stand. Further comments: There's no reason why in a fast digital age reporting can't be daily, providing the most up to date information to everyone. Addition of synthetic shorts is a very welcome one. Further, there is speculation derivatives can be used in a way to make it appear a long position has been taken to cover a
To whom may concern. Short stock ETFs are an important part of my portfolio. They help offset losses when market goes down. I dont have the knowledge to short stock on my own. Please keep the ETF for the regular investor.
You should be aware that certain types of conduct in the securities industry are prohibited.
I support increasing regulatory scrutiny of complex investment interests to prevent powerful financial interests from using them to scam ordinary investors.
Hi, Market manipulation from abuse of dark pools and naked short selling (AKA creating counterfeit shares) is destroying the integrity of the stock market. Why are these things continuing to be allowed after decades? Transparency and accuracy need to be enforced instead of small slaps on the wrist for violations. We cannot trust the listed price of a stock if we don't know if there are
The proposed amendment to FINRA 4560 is a laughable attempt at improving naked short selling internal control measures, actual regulatory action, or really any kind of further obligation on the part of the involved broker-dealers. There have been hundreds if not thousands of regulatory "actions" taken by FINRA related to short sale, and misreporting/misclassification of shorts. This
Naked short selling in US markets is grotesque and I have no confidence in stocks because of it. Seemingly concrete evidence of this illegal market behavior is apparent in cases such as Overstock Inc vs Goldman Sachs & Co, but no regulators appear to be serious about the problem. Market Makers insist that the mechanisms that allow this activity are necessary because they “provide
Make SI private and only for the purpose of enduring that shares held short are not greater than the float. Investors are tired of the memesters manipulating markets trying to force shorts to cover/margin calls.
Could we also make brokers/dealers notify their customers when their shares get shorted? Alternative, they could provide a disclaimer that such shares may be shorted and provide an option to opt out.
Short positions should be updated intra-daily, full transparency. The fact that short sellers, marketmakers, and dark pool traders are in fact the same entity is mind-blowing. Level the playing field already!
