Please do not create a caste system of those able to invest and better themselves and those who are not.
Please do spend this energy on financial education and enforcement against fraudulent actors.
It seems to me, and many others from reading comments, that the short sale reporting features are very lacking in up to date data and it seems the delay is used to protect those whom are abusing the system. The OTC non-ATS trading system seems to be another area that is wildly abused by market manipulators and needs to have a complete overhaul, if not completely done away with. It appears that
Accurate reporting with proof instead of an honor system. No more wholesale brokerages that run shares through dark pools to aide short positions. Each share sold once with serial number as proof. No naked shorting is permitted, but it is still happening, so why are the perpetrators allowed to still participate in the market? No mislabeling shorts as longs. Enforce covering of short positions by
Dark pools should be illegal, not fair for the average investor. People are starting to lose faith in a rigged system that only helps the 1% . Synthetic shares should be illegal. Total shares of a company should be verified and synthetics should be removed , the system is rigged for the elites. Shorting should be reported on a daily basis. Crypto should be used as a replacement for a stock , so
Summary
FINRA alerts member firms to a rising trend in the fraudulent transfer of customer accounts through the Automated Customer Account Transfer Service (ACATS), an automated system administered by the National Securities Clearing Corporation (NSCC), that facilitates the transfer of customer account assets from one firm to another.
This Notice provides an overview of how bad actors effect
I dont understand how we as the ou lic can figure these things out about naked shorting, rehypothecation, using OTM calls and Puts to hide FTDs and short positions. How can we find this out with limited information, but it seems large institutions are lost. I think it's fair to say that shorting should be reported because hedge funds and large institutions can't be trusted. I mean it
The short selling as a business action to "bet" against what is considered a failing business is understandable. It's when a company uses various tricks in the market to create more shorts than should actually exist, IE naked short selling. Various people that are not apart of the regulatory system have proven such naked shorts exist and yet the system set in place does nothing to
Shorting as a market practice is a ridiculous concept to begin with because in no other area of a capitalist market can You borrow something that is already owned and then sell it, only to buy it back at a lower price to intentionally profit off of the original lender. That aside, self reporting clearly isn't working, and the ability for borrowed stock to be mis-marked, intentionally or
Shorting as a market practice is a ridiculous concept to begin with because in no other area of a capitalist market can you borrow something that is already owned and then sell it, only to buy it back at a lower price to intentionally profit off of the initial lender. That aside, self reporting clearly isn’t working, and the ability for borrowed stock to be mis-marked, intentionally or otherwise
FINRA would like to remind member firms of their obligation to file their appropriate short interest reports by their due dates.
