I think retail is extremely desirous of seeing more frequent reporting and as much of that made publicly available as possible. At least of a weekly or bi-weekly basis. I believe the currently attempted short squeeze is bring to light that lack of transparency is being used to commit fraud and establish predatory roles against companies. The watering of stock has been an issue for nearly a
Naked shorting, synthetic share creation, and dark pool order flows for payment need to stop. The algorithms are out of control and have caused our financial systems to be nothing more than programmed manipulation by hedge funds which do not have the interest of the retail trader at heart. Shorts need to report daily and FTDs need to be fully resolved by day 13th - not just the minimum payments
We must have daily reporting of short positions. We must see strict regulation of naked shorting and massive fines for abuse. We must see strict regulation of dark pools. We must see daily reporting of FTDs. I have zero faith in our financial system after witnessing the blatant manipulation perpetrated by certain hedge funds and market makers all while retail investors are blamed.
We need more transparency in the short interest data, with technology today we should be able to see up to the minute not T+2 . Failure to Delivers should also have more up to minute reporting so the retail investor can make the best financial decisions based on current data not there best guess off data that drips in slowly while hedge funds have the current data to manipulate the market.
Retail Investors in the U.S and around the world are becoming more aware of how the financial industry works. Regulatory notice 21-19 is critical restoration of trust/confidence and stability in the U.S. markets. All regulation changes regarding SI be effective immediately in all circumstance: short position, synthetic or otherwise. The cost of operations needed for applicable market members to
Finra 21-19 is crucial to the integrity of the US stock market. Transparency and equal access to data is essential. The current imbalance in reporting and reporting requirements is severely crippling. The unlimited risk of naked short selling should not be allowed in our country. Failure to deliver data and short interest should be reported daily. Monetary and legal recourse are the only way to
SUGGESTED ROUTING:*
Internal AuditOperationsSystemsTrading*These are suggested departments only. Others may be appropriate for your firm.
As of October 26, 1992, the following 47 issues joined the Nasdaq National Market, bringing the total number of issues to 2,947:
Symbol
Company
Entry Date
SOES Execution Level
FMDD
F & M Distributors, Inc.
9/25/92
500
USML
"Trade Match” and “Trade Acceptance” Clearing Submissions on FINRA’s Alternative Display Facility
FINRA Waives Certain Trade Reporting and Compliance Engine (TRACE) Late Trade Reporting Fees in Connection With Hurricane Sandy
Dear FINRA, Thank you in advance for hearing me out. I oppose regulation that would require testing, verification of net worth, broker approvals, paused trading periods, and other burdens that would inhibit my ability to control my investments and financial future. Hedge funds and inverse funds are an important part of my portfolio and allow me to protect my retirement portfolio. Additional
