FINRA 21-19 is a long overdue change. It is clear that there is a systematic flaw in the United States market that if continued, will lead to disaster. A large part of this issue is the outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective reporting, they also leave significant specific
Retail Investors in the U.S and around the world are becoming more aware of how the financial industry works. Regulatory notice 21-19 is critical restoration of trust/confidence and stability in the U.S. markets. All regulation changes regarding SI be effective immediately in all circumstance: short position, synthetic or otherwise. The cost of operations needed for applicable market members to
Hello, I believe FINRA has the power to do the right thing. Retail investors need protection from the power and corruption of many financial institutions, with their lobbying and access to greater resources than retail traders. FINRA should enhance their regulation of harmful behaviours from these financial institutions.
The concept of efficient markets is a joke and short selling of any sort should be illegal. I have no faith in FINRA, DTCC, SEC, etc. Any further participation in the US market on my end will be through directly registered securities outside the DTC. Self-regulating organizations are non-regulated organizations. The SEC/DTCC/FINRA should have zero links to market makers, banks, and hedge-funds,
Dear sir or madam: Short interest and short position reporting should be mandatory and totally visible to all, no exceptions. This is a CRITICAL piece of data missing from our view. Knowing the amount of short interest a given ticker has would alter my investment strategy significantly. Why would a small investor such as myself want to put their money against major funds such as Melvin capital
I’d love to see more more transparency. I’d love to be able to trust the data that I see when researching stocks. I’d love to trust that the markets are fair. I can’t do that right now due to how the current system is setup. The US markets are completely fake. The changes suggested may improve things.
There are many gaps in the short interest reporting in 21-19's purpose. For a healthy and fair market, the US needs to address this.
Hello FINRA, First, off thank you allowing public comment on the need to better regulate options and trades involving short positions and shorting instruments. Please let ask a simple question: If Failure to Delivers on the Threshold list can be satisfied with borrowed shares, who is the owner of the settled delivery? Why have a Threshold list at all if it is ignored when the settlement period is
Thank you FINRA for extending the period for commenting. Also, I thank you for attempting to make the U.S. Equities Market a fairer and safer place for retail investors to do business. This year is the first in which I became a direct participant in the U.S. Stock Market. Before this year I only passively participated though my retirement plan, but this year I proudly became a retail investor.
Good Afternoon FINRA, I'm emailing you regarding the proposed rules 21-19 about short positions. The current US market is completely fraudulent with ZERO incentive to do right or disincentive to avoid fraud, with the regulatory agencies being complicit through their complacency. Decades of unchecked fraud and market manipulation through naked short selling by large hedge funds like Citadel
