Hello FINRA I'm a simple and uneducated ape, I'm fairly new to the market. I have seen verified data that shows companies (such as Melvin Capital and Citadel) funding media outlets to reinforce their short positions on a nearly perfect cyclical basis, I have seen people on social media paid for directly by such companies, and even worse I have companies ravage through money that wasn
I'm afraid these changes do not go nearly far enough. While additional and more timely information is certainly appreciated, I believe what we need is for all short sales to be reported similar to the availability of Level II data. That is, every short sale should have to be recorded and immediately posted with the loan terms, where the shares were loaned from, and through which market it
Hi there, thank you for reading my comment. I support all of these new rules. However, re: rule #1, I would like to see that in conjunction with rule #2, not as an alternative to it. I also believe all short interest data should be reported on a daily basis not just to FINRA but also to the public as this data is crucial to some trading strategies and I believe it is available to institutions but
These rule changes are long overdue - public faith in equity markets represent a vital economic and strategic strength of the US and our position in global finance. There will be specific firms that lobby to oppose these rules for their own selfish near term purposes - but they are ultimately short sighted and against the public interest. Tens of millions of Americans rely on equity markets now
Brokerage firms are typically paid transaction-based compensation, which means the firm might have an incentive to encourage you to trade often. If you notice a seemingly high level of activity in your brokerage account, this could be a sign of a type of misconduct known as “excessive trading.”
Thank you FINRA for extending the period for commenting. Also, I thank you for attempting to make the U.S. Equities Market a fairer and safer place for retail investors to do business. This year is the first in which I became a direct participant in the U.S. Stock Market. Before this year I only passively participated though my retirement plan, but this year I proudly became a retail investor.
I wholeheartedly agree with the proposed short interest reporting changes in this notice and continued heightened supervision of short interest reporting. I’m a believer that synthetic volume defiantly counters a fair and free market. Retail traders have continuously been walked over by the “system” since the stock markets inception. As a fellow regulator, I know first hand the importance of “
A lesson learned - As a retired Quality Analyst from Lockheed Martin, trading an IRA, I've struggled with only trading long. I've learned with inverted ETFs, long is only half of the dynamic. Forced to take a cash tends to make one walk away from the market. This disengagement with the market and reengagement is dangerous. With the inverted ETFs one can stay engaged and work
Guidance on Low-Priced Equity Securities in Customer Margin and Firm Proprietary Accounts
I am opposed to any legislation preventing me from trading these types of securities. I have been trading options for 15 years, and have been trading leveraged and inverse etfs for at least 10 years. I know how they work and have studied these vehicles at length. I studied options and used practice accounts over 15 years ago before I ever used options. I use options and leveraged etfs as
