FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective
This statement aligns with my views: "FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the
FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective
Short interest needs to be reported everyday, just like volume and institutional holdings this is vital information to prevent over shorting a stock or non compliant behavior that limits price discovery and normal market dynamics.
Executive Summary
On January 11, 1999, the Securities and Exchange Commission (SEC) approved amendments to National Association of Securities Dealers, Inc. (NASD®) Rule 2860(b)(3)(A), tripling the position limits on standardized (exchange-traded) equity options to make them equivalent to the limits on conventional (over-the-counter) equity options overlying the same security. These amendments
I understand the risks involved with these types of investments.
With the ones I hold, I am hoping for interest rates to go up. No matter what type of security I purchase I can loose money. Stocks are shorted Bonds are shorted so what's the difference.
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Executive Summary
On November 3, 1998, the
I would expect firms, banks, funds, institutions to have to disclose short positions as well as naked short interest as it directly affects company stock value which affects investor's investments. Make it a rule and enforce it.
It is more than obvious that several agencies are not complying with the rules for naked shorts and FTD's. Retail investors should have the same real time information as hedge funds to include short interest and real time trading.
Market makers and brokers who hold short positions should be completely transparent about those positions for the public good. Individial short interest in a given security should absolutely be reported up and made available for public consumption in aggregate. The lack of transparency and potential for naked short sellers to completely destroy an otherwise healthy company. If any company can be
