FINRA has delayed the implementation of the bandwidth increase rate for the Trade Data Dissemination Service 2.1 (TDDS 2.1) vendor feed. The bandwidth is scheduled to increase from 2,500 kilobits per second (Kbps) to 3,000 kilobits per second (Kbps).
The original date for this implementation was July 24, 2023. FINRA has also cancelled the June 10, 2023 User Acceptance Test. FINRA will issue new
Amc is being manipulated by ftds, dark pool trading, bond melting , being on the threshold lost from these illegal moves made by hedge funds (citadel). SSR has been issued multiple times to amc in the last month but continually the interest continues to rise and the short position continues to not be covered. Please look into this unbiased.
How do we get transparency and regulations involving synthetic shares or IOU’s. I understand the necessity to make trading instant, but these shares should be required to be covered in a day or two. Shorting shares infinitely that aren’t owned, borrowing borrowed shares, and synthetics are a major issue. We need transparency and legal consequences for fraud and manipulation.
I would like to propose a fixed T+0 or T+1 settlement date for all shares. FTD's (Failure to deliver) are rampant in the current market structure and allows for adverse effects on price discovery. Enforce a T+0 or T+1 settlement for FTD's and this would saveguard price discovery and mop up shorting fraud without risking liquidity issues.
Accurate short sale tracking is obviously important, but it’s only as useful as the information given on dark pool activities. Dark pool existence, and how those exchanges are able to integrate shares into major exchanges is beyond fraudulent. I appreciate your efforts, but share selling will never be put into check until dark pools are eliminated.
Regulation Form Filing: New Firm Contacts Screen
Regulation Form Filing is a Web-based system for various applications used by member firms to report regulatory information to NASD Regulation. The applications include: FOCUS, Blue Sheets, Customer Complaints, Reg T/15c3-3 Extension Requests, and Short Interest Reporting.
Form Filing Account Administrators will be responsible for providing and
It is strange that there is always 'new' regulations but how about ENFORCING the current regulations? Citadel, for one, keeps shorting stock with phantom shares. SEC has been informed but just like Bernie Madoff they ignore all information. The stock market is a joke and is NOT a free market. It will be sad when retail folk start pulling their money out of the market!
These changes will be greatly appreciated. It is more than unfortunate knowing there have been companies which went out of business due to coordinated over shorting of their stocks. The enrichment of a few companies, much less individuals, at the expense of thousands of jobs and millions of retirements is abhorrent. I hope we see more changes to stabilize and unobfuscate the markets moving
This is is the 21 century I see no reason short interest can not be reported daily. I also see no reason it should not be. This would be one step towards making the market a more fair and safe place to trade. I would expect this in the basic opinion of the majority of all the comments you have. I would be interested in who and why anyone would be against this.
The only way to have a trust worthy financial market is through transparency and having a better understanding of what short positions exist and the data involved with them only seems the logical answer. Currently it’s a portion of the market that seems shrouded in mystery. That doesn’t make me want to invest; if anything it has made me shy away.
