Hedge funds used obfuscation and blatant disregard for the rules to extract capital from retail. This became blatantly obvious with the manipulation throughout the last year. I am asking for more frequent public reporting of short positions and more detail in public reports. Increased enforcement of the current rules against naked short selling is a given.
TO: All NASD Members and Other Interested Persons
It has come to the NASD's attention that some members are engaging in a practice whereby market making or wholesale dealers pay retail firms to direct those firms' customer orders to the market maker. The Board of Governors has established a special subcommittee of the National Business Conduct Committee to study potential problems
INFORMATIONALAmendments to NASD Rule 3370, Affirmative Determination RequirementsSUGGESTED ROUTINGKEY TOPICSExecutive RepresentativesLegal & ComplianceOperationsNASD Rule 3370Short Sale Orders Executive SummaryNASD is delaying the effective date of amendments to Rule 3370 (Prompt Receipt and Delivery of Securities—the "Affirmative Determination" Rule)
Leveraged ETF/ETN's are used as a short term balanced risk management strategy that should be available to all investors.
Primary uses are (1) offset a short term market index/asset class overbought/oversold condition without risking individual equity positions, (2) Reduce risk of owning an individual stock that could be subject to excessive price fluctuations, and (3) Balance a
To pass this regulation and eliminate certain investment vehicles, such as leveraged vehicles or the ability to go short on certain vehicles, implies several onerous things. Such as attempted regulatory manipulation of the market in one direction and secondly an insult to the intelligence of certain investors.
Why should vehicles that go short be more risky than vehicles that go long ?
Such laws
It is necessary that there be confirmation when positions are closed. It is currently way too easy for holders of short positions to kick the can and hope the company that is the focus of the short goes bankrupt. You need to start supporting the action of jailing those that are responsible. Fines are nothing but a cost of doing business and everyone knows it. People need to be held accountable.
I use leveraged funds to give a little spark to my otherwise strictly dividend portfolio. Always less than 5% of portfolio value. I also use them for short periods to enhance returns on a sector that is in current demand. They are always used in small proportion and for short periods of time.
Been using them for years. I like them and believe I should have the choice to use them. Let the
I have a regular investment program that is long the market during part of every month and short during another part. It's been working fine for years. Being able to be in a short mutual fund or ETF does not "pick on" any particular stock. It just is a way to hedge other investments in case the market goes down. It is a more conservative way to invest that just
Isn't naked shorting illegal? Isn't it the SEC and FINRA's job to investigate and enforce? Please do your job. There is a go fund me page soliciting funds to pay for an attorney to investigate GME and AMC naked shorting when taxpayer dollars are already being spent to fund the SEC. Do your job. Everyone is watching.
Having traded futures, metals, South African gold mining stocks, and a long-time investor in coins and bullion. I know of the risks of buying leveraged and inverse funds. Please do not limit or complicate my ability to make these purchases as I wish. Right now i am short the stock market with DOG and short intrest rates with TBF; Also long with oil holding USO. My money - my decisions!!!
