Reporting partial short interests does nothing but mask the trickery of hedgies. A good rule change for FINRA would be to report from ALL exchanges both lit and unlit. Get rid of T + 2. Provide exact real time interest charges. Hopefully the SEC would ban naked short covering with options or ban naked shorts entirely. Basically level the playing field between Wall Street and retailers. If we can’
I am a new investor dating to Feb 2021. With limited experience and a lot of reading, I opened a cash account so I could open a ROTH IRA. With my limited time and knowledge, it didn’t take long for me, a somewhat technically experienced person that something wasn’t square on the other side of my trade. I do not comment here as to fake a persona of a trader but just the opposite… and if I can see
The only way to have a trust worthy financial market is through transparency and having a better understanding of what short positions exist and the data involved with them only seems the logical answer. Currently it’s a portion of the market that seems shrouded in mystery. That doesn’t make me want to invest; if anything it has made me shy away.
I would like to see the following changes: Require that firms include synthetic short positions On the FINRA website- Make available short interest data for all equity securities (listed and unlisted). Short interest and short sale volume to be disclosed at a daily frequency Require firms to report short interest positions at the account level Require a report of daily allocations of fail-to-
We need transparency in the market, the more reporting by institutions the better. Illegal naked shooting needs to be stopped.
More transparency is a good thing.
The fact that we have to comment to get you to do your job speaks volumes. The whole world sees how corrupt the US stock market is. All trust has been lost. It was extremely easy to see the fraud and corruption happening, yet the media and politicians acted like they had no idea what what was going on. Boomers don't understand how the internet works. The attacks and lies were pathetic and
In the interest of transparency and fairness to the market. I believe it is important to have regular and accurate information keeping and disclosure to encourage retail market participants into the market. Professional firms already have fast, accurate and bespoke trading software and information systems that provide them with a massive advantage in accurately determining price inefficiencies
Anything FINRA can do to provide a more timely & accurate accounting of FTD’s and short positions would be Greatly Appreciated! Thank You!
No more loopholes for hedgies!! Protect all Americans not just the elite.
