NASD Rule 2510 - Discretionary Accounts - A member may use the negative response process under Rule 2510(d)(2)(A) to effectuate the transfer to another money market fund of customer free credit balances that have been returned to the member by a fund that has been terminated.
The simplified arbitration rules apply to arbitrations involving $25,000 or less, exclusive of interest and expenses
Hey. I’m a retail investor and I beg and plead you to put a rush on dark pool buying and a more transparent stock market on short sales and naked shorts. As a retail investor I’ve poured about one hundred thousand dollars in the market and it seems we have been shorted on GameStop, chargepoint and it’s no secret of AMC. As retail investors we want to continue to put money in the market but I can
There is so much public data showing short positions that exceed the outstanding shares of multiple companies. Short positions should be reported at least weekly. This includes borrowed shares that are sold short, and put options. Firms that fail to deliver should be fined much more than they currently are. If there are 1,000,000 outstanding shares, but call 20,000 open options for a ticker,
I've read many of the comments and overall, I echo the same sentiment. The one thing I haven't read about is the dark pools. When I first heard of it I honestly thought it was fake. It sounded too nefarious to be real. Turns out dark pools are very real and need to be properly monitored if not banned all together. They seem to be a sort of free for all for fraudulent trading. Using AMC
I think these rules need to apply the short sale reporting. The current system is rigged and Hedge Fund is taking advantage of it greatly. Rule 1. All short sale shall be reported to finra by end of each settlement day. Rule 2. Finra shall make public report the day to day short sale by end of settlement day or the trading week. Rule 3. All unused loaned shares shall be reported to finra by end
INFORMATIONAL
SUGGESTED ROUTING
KEY TOPICS
Legal/Compliance Retail Senior Management
Hedge Funds Funds of Hedge Funds Suitability Due Diligence Internal Controls Supervision Training
Executive Summary
As a result of a recent review of members that sell hedge funds and registered products (closed-end funds) that invest in hedge funds ("funds of hedge funds"),
All shares should have an identifying number and should not be able to lend out and sell and all shorts need to be closed and all shares returned to their owner hedge funds have been cheating the retail for too long make them buy back every share they have shorted!!!
Full transparency is required moving forward. If long positions are submitted the shorts should be treated the same and disclosed. T+0 would be great. Naked shorts and synthetic shares shouldn’t be required in this market. Married Puts and calls shouldn’t be able to used full stop to synthetically cover any positions.
As much short related info as possible. The playing field is not level. Some people use shorting maliciously and without more info it’s not only unfair but illegal. Fines are just pennies to them. They willfully break the law make tons and pay the fines from the a small percentage of their profits.
