Do your job. There is zero transparency in the market. Current rules and regulations either aren't being enforced, or are too difficult to enforce due to secretive trading. Naked shorts are still happening, end dark pools, start looking out for the retail investor.
Treatment of Commodity Pool Trail Commissions under Rule 2810 (Direct Participation Programs Rule); Effective Date: October 12, 2004
Enforce rules, larger penalties, end naked short selling, transparency or end/reduce dark pools, limit high frequency trading, limit ability to short sale-naked-over and over, transparency in short sales, regulation sho-strict adherence and compliance regarding threshold list
Transparency in the market and frequent monitoring of naked shorting. Start enforcing the rules we already have and the fines need to be steep enough to incentivize the Hedge Funds and other large investors to stop with the illegal activity. The fines need to be in the 10's or 100's of millions of dollars.
Transparency in the market and frequent monitoring of naked shorting. Start enforcing the rules we already have and the fines need to be steep enough to incentivize the Hedge Funds and other large investors to stop with the illegal activity. The fines need to be in the 10's or 100's of millions of dollars.
Transparency in the market and frequent monitoring of naked shorting. Start enforcing the rules we already have and the fines need to be steep enough to incentivize the Hedge Funds and other large investors to stop with the illegal activity. The fines need to be in the 10's or 100's of millions of dollars.
The PDT Rule is not a protection. It's a way to keep the "little guys" from making any real money. The market is not a free market if someone can't trade because of their financial situation. We're the only country in the world with this bull [redacted] "protection".
In June 2007, FINRA (then NASD and NYSE Member Regulation)1 issued for comment proposed guidance regarding the review and supervision of electronic communications. FINRA received 16 comment letters, with a majority of commenters supporting the guidance.
SUGGESTED ROUTING
Senior Management
Internal Audit
Legal & Compliance
Operations
Systems
Executive Summary
On November 3, 1998, the Securitiesand Exchange Commission (SEC)issued a No-Action Letter to clarify itsposition under SEC Rule 15c3-1 (NetCapital Rule) regarding the
SUGGESTED ROUTING*
Government SecuritiesLegal & ComplianceOperationsRegistration
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Securities and Exchange Commission (SEC) has adopted amendments to Rule 17M, also known as the Lost and Stolen Securities Program. Among other things, the amendments: 1) expand the definition of
