Every share should be tracked with unique identifier. Every share should be located and lent only once. Every order should be delivered T+2 or fails mean 10x cost penalty. Every short position should be updated with FINRA daily.
I would like to see a more transparent market. More so I would like for it to be abolished that a hedge fund can be a market maker. How many more tools could they have than us? It’s insanity they’re allowed to run this show.
Please require weekly reporting. Please provide the reports to the public for free and transparent information through FINRA website and not just exchanges. Please conduct audits and other proactive enforcement measures.
I am new to investing as a retail investor, but one thing that has been clearly revealed is the lack monitoring and action taken on the hedge funds and other entities when shorting stocks/companies. That the SEC doesn't do anything to stop the naked short selling occurring in the market reflects that the only people allowed to make money in this market are the ones who get away with it given
Any trades in the dark pools need to be reported within 24 hours. Naked shorting can be resolved by strict enforcement, illegal use of super computers, and brokerage licenses revocation not monetary fines.
1. All shorts shall be reported to FINRA by end of each settlement day. 2. All unused loaned shares shall be reported to FINRA by end of the settlement day. 3. FINRA shall make public the outstanding unused loaned share(s) by end of the settlement day of a trading week. 4. All threshold securities sho regulation shall be reported daily with a full accounting of fail to deliver end by end of
I believe individual investors should have total transparency on all short positions including naked positions. Total transparency will allow more of a free market and allow individuals to make better investment decisions.
It's good you are trying to get them to be more transparent, but what's going to stop them from doing all this illegal activity still? You need larger penalties and fines and somebody who will enforce the rules in a timely manner, otherwise this ruling will do nothing. Please add harsher penalties and fines and somebody who will enforce them in a timely manner.
Please approve 21-19. I believe all data fields should be publicly available, not just for internal use. We need more transparency in the market and this will help.
