FINRA 21-19 is something this country has needed for a long time -- financial institutions, hedge funds and the like need to be better regulated. I didn't know a lot about the market before this year, but what I have learned is that there are too many loopholes, and a lack of enforcement of existing regulations, that allows big players to make money at everyone else's expense. Synthetic
SUGGESTED ROUTING
Senior Management
Institutional
Legal & Compliance
Options
Trading
Executive Summary
Through this Notice, NASD Regulation, Inc. (NASD RegulationSM) is establishing an interpretation that National Association of Securities Dealers, Inc. (NASD®) Rule 2860(b)(3) options position limits apply with respect to options transactions that are intermediated
SUGGESTED ROUTING
Senior Management
Institutional
Legal & Compliance
Options
Trading
Executive Summary
Through this Notice, NASD Regulation, Inc. (NASD RegulationSM) is establishing an interpretation that National Association of Securities Dealers, Inc. (NASD®) Rule 2860(b)(3) options position limits apply with respect to options transactions that are intermediated
Executive Summary
The Central Registration Depository (CRDSM), a computerized database containing information on all licensed registered representatives and broker/dealers, is undergoing a technological upgrade. As part of this project, the NASD has converted disclosure information from its current state (free text) into a new format (Windows-based, with discrete fields and pick lists). This
There needs to be more regulation on Overall market transparency. Otherwise the system is always going to be rigged. Things such as dark pools, payment for order flow, and short interest reporting latency, all make the perfect bed for abuse in the general market. Not even mentioning algorithmic trading. Also why so can be both a market maker and a hedgefund. I mean come on that’s just ridiculous
TO: All NASD Members
ATTN: Operations Officer, Cashier, Fail-Control Department
On June 25, 1986, the United States District Court for the District of New Jersey appointed a SIPC Trustee for the above-captioned firm.
Members may use the "immediate close-out" procedures as provided in Section 59(i)(2) of the NASD's Uniform Practice Code to close out open OTC contracts. Also, MSRB
1. All short sales must be reported to FINRA by the end of each settlement day and made public by the beginning of the next settlement day. - FINRA must automatically pull the information by market close electronically (i.e. NO self-reporting) 2. All unused loaned shares must be reported to FINRA by end of settlement day and made public by the beginning of the next settlement day - FINRA must
There shouldn't be a two day delay in short sale returns and coverage. All the big players on Wall Street get it the day of and yet everyone else has to wait 2 days. How about making the rules fair for everyone and everyone being able to see it the same day. Also I'm sick of algorithmic trading back and forth back and forth back and forth. When you going to outlaw something like that
Hello - thank you for addressing this and making it a priority. I am primarily invested in AMC but also have shares in other shorted stocks like GME and NAKD. The pricing is being manipulated by market makers and hedge funds in and out of dark pools. Based on what we know as fact, they should have had margin calls multiple times but skirt the rules to push the proverbial can down the road. The
Hello, I would like to see more transparency and effective regulation (and enforcement) on Short Sale Reporting. As a retail investor, my confidence in our American stock market is very low and leaves me feeling cheated due to these "behind the scenes" loop holes that large corporations and institutions can utilize to benefit themselves through bending the rules through clever exploits
