GUIDANCE
Option Disclosure Documents
SUGGESTED ROUTING
KEY TOPICS
Legal and Compliance
Options
Institutional
Senior Management
Trading
Disclosure Documents Delivery
Characteristics and Risks of
Standardized Options
Special Statement for Uncovered
Option Writers
Options
Rule 2860
Executive Summary
On August 17, 2006, NASD filed with the Securities and Exchange
Commission (
Daily short reporting. Also Eliiminate this T+2 reporting. It allows naked short in the days between. Fines are equivalent to 100% of profits taken, if they cannot prove the profits then 100% of the revenue of the trade. Pantry fines are essentially green lights for million of dollars of profit for there illegal activities
Track each share purchased with a universal number or identifier. Shorting a share must have a high collateral requirement which should be verified. Every order should be delivered T+2 or fails mean huge penalty. Every short position should be updated with FINRA daily.
INFORMATIONALAmendments to the Corporate Financing RuleEffective Date: March 22, 2004SUGGESTED ROUTINGKEY TOPICSLegal & ComplianceOperationsSenior ManagementBridge LoansCompensation LimitationsDerivativesInvestment BankingRule 2710Rule 2810Venture CapitalExecutive SummaryOn December 23, 2003, the Securities and Exchange Commission (SEC) approved amendments to Rule 2710 (Corporate
Enforce the rules. Stop cutting deals on fines because CEO's used to work there. Make the fines hurt, instead of just being a cost of business. Stop naked shorting, regulate the dark pool, margin calls on short sellers with of lots of failures to deliver like Citadel.
Finra regulations must be updated to be more stringent when it comes to the reporting of short positions. This included positions created synthetically. It would also be important to address the reporting of how the borrowing process occurs and through what entities, to prevent manipulation of stocks via over shorting said stocks.
Dear FINRA, Everyone should have access to invest in UltraPro and UltraPro Short ETF's.and other funds without limitations. We should all have the right to make the investments in public securities that we choose and they should all be available to the public.
I invest in these securities, UltraPro and UltraPro Short ETF's to help protect my investments and keep positive returns
Please check out citadel and all the shorts seller. Believe they're doing naked shorts and manipulation the market right now. SEC really need to step in and do their job, all we want is a fair market. This is freedom country, Things should be equally. Thank you!.
I would like to see more information and transparency in reporting of short sale positions. I am a retail investor and would like an even playing field with hedge funds. I understand that other markets have stopped the short share positions to stimulate the economy. Thank you for your time
All short sales - synthetic, actual, borrowed, naked shorts which we need to acknowledge exist, etc. ALL should all be more fully disclosed to level the playing field for the non-institutional buyer. Hedge funds manipulate the market terribly with the existing rules and it needs to change.
