Please please please get rid of dark pool trading. They are being taken adavantage of and not being used for what they were meant to be used for
Extension of Regulatory Relief
Regulatory Notice
Notice TypeGuidance
Referenced Rules & NoticesNYSE Rule 409Regulation NMSSEC Rule 10b-10
Suggested RoutingComplianceLegalOperationsSenior ManagementTechnology
Key Topic(s)ConfirmationsStatements of Account
PLEASE NOTE: The FINRA rulebook currently consists of both NASD Rules and certain NYSE Rules that FINRA has incorporated,
How can selling more shares than exist of a stock and trading those shares in the dark market to manipulate share price be legal?
I have not been very successful with my Proshares either on the long side or the short side but I still think that I should have the ability to trade these shares as I see fit for my portfolio as market conditions change.
I have frequently used these instruments over the last five years as hedging mechanisms - They have proved to be useful in lowering risks associated with trading activities - Please keep these investment tools available to the public at large
Comments: Please do not restrict access to leveraged ETFs. I am an individual investor who makes a profit trading these year after year. It will harm us by taking away options to capitalize on trends.
Thanks
Hello - I trade stocks and options for my living. I use leveraged and inverse funds often to hedge positions against market volatility.
Please do not hinder my ability to do so.
Thank you.
The list of public investments that can potentially be regulated is too arbitrary. If I buy and hold for the long-term an investment that is income-producing, I shouldn't have to be regulated. It's only those who trade frequently who should be regulated.
We should not be restricted to investments you deem correct for us. Continue making sure all publicly traded investments meet stringent disclosure requirements as appropriate. Then leave the decision to us. Thank you.
It is not fair to limit the number of tools private investors can use. Companies will continue to use available tools to get the same results to avoid these limitations, which puts private investors in unfair trading capabilities.
