TLDR. I got an idea, instead of pretending the stock market is not a casino under house rules FINRA should explain the house rules in a 1 page document that everyone can read. The rules should include which parties can naked short sale with ridiculous margin on which stocks, which stocks will permanently cyclically fail to deliver and why, and why the DTCC has an obligation warehouse that the
Help us get to T+1 and then to T+0. Help us get rid of payment for order flow. These two things alone will help the naked short crisis that we're witnessing across the market and put more trust in us. Fines should be astronomical on those caught red handed instead of the slaps on the wrists that we know that finra has done in the past. I'm tired of people keep thinking that retail
I am invested in many stocks that I feel have naked shorts in them. I strongly suspect that I even own some in $AMC. I do not feel the market is fair if this is allowed to happen. It gives already very rich entities an extremely unfair advantage in trading. I would feel a lot better about investing more money in the market if I knew that criminals were not just fined, but held accountable in ways
Dear Finra, I am writing to you because of the corruption being held in wall street by Hedge funds such as Citadel. CITADEL who carry the order flows for the excahange amounting nearly to 40% to 47%. This data was specified by Ken griffin himself when he was asked to testify in front of Congressmen in which he was accused of performing manipulative practices regarding Game stop by restricting
Naked shorts are illegal. They have always found a way around all the SEC regulations and rules. Dark pools, sending stocks to OTC and other countries so the sec cant keep track. letting a human report is always going to lead to lies and illegal activities. the fines are chump change for them. Jail, losing the right to trade. They are children, and like children, you can tell them 15 times not to
While it may seem reasonable and prudent to limit access to leveraged ETFs to novice traders, experienced traders with 2 years of experience or more, should be able to enjoy the full and unrestricted freedom of trading such instruments. However, the following measures should be implemented: -Restrict the trading of all leveraged ETFs to accounts with balances under $10 000 USD for traders with
I am just simply fed up with this incredible UNFAIR "FREE" market. As a retail investor for the better part of the year I began investing with the tolerance to idly stand by as positions where I have stake have been very clearly manipulated. No longer will I be a silent bystander because after the last few weeks I have seen it is very apparent to me that these problems run deeper. I
1) The current fines for illegal behavior is an absolute joke. If a HF gains $500 mil illegally and is only fined $250,000 that’s a joke of a fine. The fine should be equal to the amount that was illegally gained and possibly include jail time. Currently, its equivalent to a person robbing a bank for $100 mil and only getting a $5,000 fine and keeping the rest. Absurd! 2) Self reporting is an
These changes cannot be made soon enough! We need all the SI data we can get - consolidated data that’s publicly available AND (not alternatively,) more granulated data should be provided to regulatory agencies. FTD’s should be publicly reported, and actors should be punished when FTD’s occur. This should include criminal prosecution where FTD’s are due to chronic malpractice and/or price
When will this outrageous naked short selling of the Hedge Funds stop? We have such a corrupt system; who will be brave enough to put an end to this madness? The Hedge Funds are no different than the men and women behind “bars,” the only difference is the Hedge Funds are allowed to get away with their crime. The Hedge Funds have robbed millions of shareholders who own AME and GME stocks by
