Yes, short interest should be reported daily or at least weekly and in real time. Not you report today what interest was two weeks ago. Also why take a firms word for it what their short interest is. It should not be self reporting. Should be a system in place to confirm what they are reporting is true. Then finally, the most important thing. MAKE HEDGE FUNDS ACTUALLY REPAY THE SHARES THEY BORROW
The current price manipulation with AMC/GME et al has exposed the stock market corruption. All reporting agencies and SEC rules don’t make a difference in protecting the big money from the everyday average trader. It seems to me that the rules only apply to the small investor and protect big money instead. It’s all an incestuous relationship between the SEC, FINRA, DTCC and the like and the big
I think these rules need to apply the short sale reporting. The current system is rigged and Hedge Fund is taking advantage of it greatly. Rule 1. All short sale shall be reported to finra by end of each settlement day. Rule 2. Finra shall make public report the day to day short sale by end of settlement day or the trading week. Rule 3. All unused loaned shares shall be reported to finra by end
How can the hedge funds/MMs continue to illegally push the share price down using fake shares in dark pools outside the eye of the public and then kick the interest can it costs to do that down the road indefinately? Retail investors are getting screwed over by hedge funds at every turn and SEC is allowing the illegal manipulation to happen. What good is interest if it never gets paid? The US
There isn’t ANY transparency within the market. Would like the same information as everyone else. Dark pools need to be monitored and used for their attended purpose of large transactions that are approved or rejected by a third party. SSR needs to be enforced much more strictly. FTDs need to be enforced without delay. Actual substantial fines for FTDs, naked short selling to discourage illegal
In observance of Christmas and New Year’s Day, the TRACE system will follow the schedule below:
Thursday, December 24, 2020 Early Close
Friday, December 25, 2020 &
As a self-regulatory conglomerate it is beyond the reasoning of a "retail" investor as to why such ordinances do not already exist. The SEC itself has proclaimed naked-short selling to be a well established predatory and dangerous practice that undermines the free-market operations of millions of non-institutional investors who cannot play by the same rules. In addition to the
FINRA published the 2024 Industry Snapshot, the annual statistical report on registered representatives, brokerage firms and market activity that FINRA oversees.
The Digital Communication section of the 2019 Report on Exam Findings informs member firms’ compliance programs by describing recent findings and observations from FINRA’s examinations, and, in certain cases, also providing a summary of effective practices.
REQUEST FOR COMMENT
SUGGESTED ROUTING
KEY TOPICS
Corporate FinancingExecutive
RepresentativesLegal & ComplianceSenior
ManagementOperations
AffiliatesControl EntityInstitutional
AccountsMember Private OfferingsPrivate PlacementsPrivate Placement MemorandumRegulation D
Member Private Offerings
Executive Summary
NASD is issuing this Notice to Members to solicit comments from
