Naked shorting is illegal.- Conditions need to be met by regulatory agencies to ensure it doesn't happen including federal sentences for those caught selling naked shorts. If I can’t sell you a car I don’t own than it should be just as illegal to sell shares that don;t exist. Short positions need to be reported daily by funds and market makers, and public notice needs to be reported daily on
Short interest should be reported daily, as market condition change rapidly by both institutions and dark pools. Borrowed shares should have a term limit, or should be reconfirmed as borrowed weekly until shares are returned. Shares borrowed off markets, should not be allowed into public markets without proper documentation of how and when they were borrowed and their terms of agreement made
All FTD's should be reported daily and all self regulation should stop. All FTD's should be defined in a T1 and settled in a T2. All short positions should be identified publicly. All naked shorts should be excluded and settled with FTD settlements. All fines for violations should be on a per share basis. No more speeding tickets where the fine is cheaper than the position. Let the
Greetings, I eagerly support FINRA's step toward a transparent system. I also ask that synthetic long positions generated through reverse conversion of options be tracked as well, it appears there's a direct correlation between that number increasing and FTDs decreasing.
There needs to be accurate, timely, and mandatory reporting guidelines around short interest. Accurate and timely would be the important part for the individual investors. The mandatory reporting would be for institutional investing. There are currently too many ways to misrepresent and obfuscate actual short interest information.
Short positions should have to report ALL accurate and up to date data. The amount of shares they have shorted. There should also be a T+0 system implace. It is not fair to the average investor (retail) that these major companies Like Citadel, can know in advance what is going on, compared to retail investors having a T+2 system. Equality in the stock market is what we should have. The naked
Need better eyes on massive shorted stocks regulations blocking naked shares and a sec representative mandatory at every hedge fund Corporation. From what I'm seeing you guys are either paid off or don't know what the [REDACTED] you're looking for. Billions of dollars being stolen from retail investors for more years than you can count on your fingers and nobody has done squat to
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
Shorts need to be forced to cover, especially when there's such blatant market manipulation and possibility of naked shorting