Please explain why naked short sale reporting has been allowed so many "Fail To Deliver's" for over 20 years and no one from any government agency has done anything about it? If the economy fails because of this regulatory neglect who will pay for the clean up?
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to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy.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
We would like transparency on all naked shorts please (AMC specifically). The hedge funds are cheating and terribly stealing from the AMC share holders. We need immediate, swift action for enforcement and regulation. It is time to reveal the great conspiracy and pay the AMC shareholders immediately. Thank you.
The proposed amendment to FINRA 4560 is a laughable attempt at improving naked short selling internal control measures, actual regulatory action, or really any kind of further obligation on the part of the involved broker-dealers. There have been hundreds if not thousands of regulatory "actions" taken by FINRA related to short sale, and misreporting/misclassification of shorts. This
While these increased reporting requirements around the currently broadly obvious abused short selling practices in the stock market (including naked shorting, mis-reporting longs as shorts, re-hypothecated shares, married puts/calls, and fails to deliver) are a step in the right direction, the proposed changes do not go far enough to provide transparency and fairness to the public. Please
I think any company that is an institution, a bank, a hedgefund, a brokerage or a market maker needs to have any of their orders routed through an order monitoring device before it's sent off so that they can no longer keep committing these society destroying crimes. Hypothecation, synthetic shares, naked shorting, naked long calls, falsely hiding puts by making them appear long, diverting
How can AMC be the largest traded stock and the price go down? You people know this is going on. It’s just the little guy again big money and egos! This isn’t fair! Everyone deserves an even playing field. Please do what’s right and stop the naked shorting. Thank you.
Transparency in the market! Frequent monitoring of naked shorting especially from Citadel who is a Market Maker and Hedge fund which is a conflict of interest. START ENFORCING RULES! MAYBE SEC SHOULD DO THEIR JOBS AND STOP WITH THE PETTY FINES! HOW ABOUT SOME JAIL TIME!! We are looking for a freedom market.
FINRA needs to crack down on naked short selling and price manipulation. I'm sure FINRA already knows these tactics but why they are not enforced really boggles my mind. If the fine is a fraction of the amount earned on these illegal tactics, then it's just a cost of doing business. They are hurting the entire market and putting everyone at risk.
Thankfully, we have enough historic data to narrow the amount of possible solutions to the short interest reporting problem. In my view, there are only 2 solutions that will restore integrity in the markets and ensure future stability; 1) Make the ENTIRE system transparent (yes, every trade!) and provide free real-time data to everyone...Result: All market participants can help police the market
