Individual retail investors and the SEC need daily, hourly, real time, transparency into synthetic short interest, naked shorts, high-frequency, dark pool trading. The dark pool trading and blatant market manipulation creates an unfair advantage to hedge funds and market makers. Without this, the federal government is giving an unfair advantage to Wall Street, and disadvantaging Main Street!
Transparency in the market is required to ensure fairness. It has become apparent over the past few months how market is prone to manipulation by certain firms. I’m in support of this notice.
If I stole from a store I would end up in jail. But when the hedge funds does it. It’s creating a market. Double standard. They are stealing from the American people’s wallets. The same ones that pay for you to secure the exchanges. Which it is not being done. This makes me lose faith In the American stock system if all we are gonna do is lose our money to fake stocks and dark pools. I can’t
Dark Pools exist for large institutional orders. Use for any other purpose should be illegal. Naked shorting must be prosecuted.
Yes to all. The more transparent, the better. The sooner, the better. Reporting should be on a daily basis, regardless of cost, and I feel that these practices should apply to ALL firms, member or otherwise. This needs to be an across the board regulatory process. The application of these changes, based on membership, will certainly be a cause of competitive discrepancies and will eventually
Stop allowing naked shorting that’s NOT REPORTED and stop allowing a short position to be pushed out further using more options and avoiding fail to delivers ALL WHILE NOT BEING REPORTED. No one should be able able to short a stock over 100% of the float and yet when it happens everyone looks the other way. So why should they stop? Slapping on the wrist with a small multi million dollar fine
Short interest should not be self reported. Needs to be transparent and reported daily. FTD's should cause HEAVY fines. I mean, HEAVY. Maybe 50% of annual profit of a company. Naked shorts need to be investigated, openly disclosed to the public and result in heavy monetary penalties, as well as temporary ban from trading a particular security (maybe 30 or 90 days ban). High frequency trading
More regulatory rules need to bet set for for hedgge funds creating synthetic shares. They borrow shares that don't exist then have to cover them (FTD) after a certain amount of time. Time should shortened to 5 days and there should be absolutely no way of the Hedge funds getting out of it once 5 days has been reached. The rules need changing!
This rule needs to be in place to set the short sellers straight and bring to light their positions.
There needs to be more transparency with short selling. Any large institutions or hedge funds should be required to report short interest weekly if not daily. There shouldn't be an incentive for investors to short others to hope for them to go bankrupt. Investors who get premiums for the short shares to be borrowed should be taxed a higher rate for that premium. I can go on and on but
