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 publicly with FINRA daily. Shares should not be allowed to be purchased on a dark pool and then sold on the open exchange.
As I understand it FINRA is looking to enhance the requirements around reporting short interest positions. I have this to say about reporting methods and data. We are in a world surrounded by fast moving data. We can call a loved one across the globe in a blink of an eye, share a tele-conference with hundreds of listeners, or place thousand dollar order in seconds. Technology has evolved and with
Shorts need to be reported daily. The stock market needs more transparency and less manipulation. This will only help ensure a fair market for ALL investors.
While these increased reporting requirements around the currently broadly abused short selling practices in the stock market (including naked shorting, mis-reporting longs as shorts, re-hypothecated shares, married puts/calls, and fails to deliver) are a step in the right direction, the proposed changes do not go far enough to provide transparency and fairness to the public. Please consider
I would like for more transparency when it comes to sharing trading information, especially considering shorts.
I request that ALL shorting must be reported daily, and that ALL dark pool trading must be reported daily. Also all dark pool trading MUST be bought and sold within the dark pool, or all LIT trading is bought and sold in the LIT market. Not trading all the buy orders into the dark pool and sells into the LIT market. Honestly the dark pool should not even exist. Shorting needs to be redone as well
Remove market manipulation. If these acts continue corporations should be fined the exact amount of money for the manipulation they are causes in the market.
Shorting as a market practice is a crazy concept. No other capitalist market allows borrowing something that one person owns, sell it, buy it back at a lower price to profit off their initial lender. Self reporting clearly isn’t working and the ability to borrow stock is way mis-marked. Everything should be labeled and marked in real time so the corruption can be stopped and we play a fair game
Hello and thank you for accepting my comment, it has been brought to my attention that reported short interest on specifically one stock I own (AMC) Entertainment Holdings INC has not been properly reported on and is not portraying the fundamental rule of supply and demand. As a relatively new investor I want to bring to your attention my concern and thank you for the forum to voice my opinion.
Please allow the market to be transparent for everyone. The American people are investing their hard earned money under the assumption the rules are fair. AMC stock is being manipulated behind the scenes weekly. Look into AMC naked shorting. Every transaction should be visible to the public. In my opinion if companies are found to be breaking the rules there needs to be more than fines. As in
