I was made aware that FINRA is seeking to put restrictions on L&I investments to "protect" investors. I'd like to offer up my experience as an example of why this is not needed. Details are below but I'd like to emphasize first:
I can make my own decisions about investments and do my own research. I don't need to prove to anyone that I
If you read the Regulatory Notice 12-38 regarding FINRA's Short-Interest Reporting Rule, you'll come across this particularly relevant question in the FAQs. Q7. How should a firm reflect fractional shares in its short-interest reports? A7. If a firm has a fractional short-interest position (e.g., 125.6 shares), it should truncate the position to reflect a whole number when reporting
It seems to me, and many others from reading comments, that the short sale reporting features are very lacking in up to date data and it seems the delay is used to protect those whom are abusing the system. The OTC non-ATS trading system seems to be another area that is wildly abused by market manipulators and needs to have a complete overhaul, if not completely done away with. It appears that
Hi FINRA, Please take care of the dark pool and short sale activity that's recently murdering the integrity of the U.S market. Some "meme" stocks might not have any fundamentals behind them, but the level of [REDACTED] going on with the hedgefunds controlling time & space is unbelievable. In June and July, dark pool trading has accounted for 60/70% of the trading volume,
Dark pools should be illegal, not fair for the average investor. People are starting to lose faith in a rigged system that only helps the 1% . Synthetic shares should be illegal. Total shares of a company should be verified and synthetics should be removed , the system is rigged for the elites. Shorting should be reported on a daily basis. Crypto should be used as a replacement for a stock , so
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NASD reminds members that when executing a volume-
1. Require shares to be acquired before they can be sold. It is ridiculous that today shares are often not even located or are only located before actually being sold. Borrow the shares first, then sell them. 2. Better tracking of borrowed shares. It is ridiculous that shares can be leant out multiple times (often because they are only 'located' and not actually obtained before allowed
As a retail investor i’m strongly in favour if these changes to the gathering and publishing of data regarding short positions and the regulation of options based synthetic-share creation. These rules are a strong step forward in protecting the interests of everyday shareholders, those who invest the most, and have the most to lose when abuse, corruption, malfeasance, or negligence are allowed to
I have been investing since 1994; and got first into stock trading. However; after 2007, and especially when there were more funds available after 2011; it opened up the possibility to take advantage of fast/big drops, or trade of commodities; through a derivative fund. Even if they go against you; the prospectus and history charts allow investors to make decisions on whether historic contango/
Hello, as a normal American, I am very happy to hear about many of the proposed rule changes. We need far greater oversight on short selling. We need that data to be available to the public, and that data needs to be available to finra and the sec, too! People that are allowed to have a hedge fund, market maker, and exchange under one parent company, that then hide their positions behind data
