Hello FINRA I'm a simple and uneducated ape, I'm fairly new to the market. I have seen verified data that shows companies (such as Melvin Capital and Citadel) funding media outlets to reinforce their short positions on a nearly perfect cyclical basis, I have seen people on social media paid for directly by such companies, and even worse I have companies ravage through money that wasn
Dark pool money should be illegal. Hedge funds and MM's manipulate stock prices up or down by selectively routing purchases or sales of stock, at their discretion through dark pool funds that goes against all principles of free and fair trading practices. Some say, "well it used to be worse back in the day when all trades were on the floor of the exchanges, and with the advent of
I believe, as a retail investor who wants to keep investing in the future, the more transparency we have in the markets the better. Wanting a level playing field is well within reason, and shorting companies into the ground to kill them off is wrong, I don't think that will change but some of the other predatory practices and illegal tactics that have been uncovered are worrisome to say the
the T2 system on short information needs to be T0 and live or at least updated hourly. FTD submissions should be daily on a T1 system. Large institutions have a huge advantage to see live market data and can act fast, swift, and often negatively affecting the retail investors experience with the stock market. Everyone should have equal opportunity to see live market action and data to make a
The federal government MUST consistently monitor the inherent market manipulation executed by certain hedge funds who have short positions in various stocks - mainly AMC and GME. The immense amount of naked short selling, buy orders being re-routed to the dark pool to prevent the stock from moving upward, as well as countless other violations need to be addressed as soon as possible. AMC and GME
Short interest need to not be self reported. There should be investigations every day or at least weekly to see how these hedge funds and market makers are influencing stock prices. Naked shorting is a disgusting practice that has caused economic crashes in the past. We need to learn from our past mistakes. The formula for calculating short interest needs to be fixed to show the actual number of
FINRA has been on a hiring spree, working to fill scores of open positions. But given that almost all employees are working remotely as a result of the coronavirus outbreak, how are these new hires getting the equipment to start work from home?The solution: “FINRA in a Box.”That’s what staff call the package FINRA sends to new hires, containing a laptop, onboarding instructions, introductory
Background
Advanced data analytics is a critical function within FINRA and an important component of our efforts to be a risk-based and data-driven organization.7 This work, which supports our examination, surveillance and enforcement functions among others, is conducted in a number of areas throughout FINRA, but primarily within Market Regulation Surveillance, Research, Methodology, and
On Tuesday February 11, 2020, and Wednesday, February 12, 2020, the FINRA Test Facility (NTF) will be unavailable for clients who test using the CTCI-MQ.protocol. This affects FINRA's Trade Reporting and Compliance Engine (TRACE) and the OTC Reporting Facility (ORF).
FIX and CTCI-TCP/IP protocols in the NTF region as well as all production systems are unaffected by this
Short positions should be reported daily. Any attempts by institutional investors to drive stock prices up/down (smear campaigns, fake DD, Spam/Ads) should result in fines that actually impact the guilty parties, not just a tiny percent of the profit from the illicit activities. There needs to be actual penalties for breaking the rules, or the so-called "free market" will ever truly
