Dear Finra, My name is Kevin, as a retail investor the only thing I personally request in behalf of all retail traders is a fair market. Meaning no manipulation of stocks, naked short selling of stocks that are not even of existence. I have come to realize that none of these illegal practices are being taken in to consideration as far as correction. Hedge funds have been doing this for years and
Do your job! The daily market manipulation is right in front of your eyes. Naked shorting, FTD's, bs news articles paid for by HF's. We don't need to explain it to you. You are asking, because you already know the problem and just want to pretend you are trying to fix it. You are allowing fraudulent activity within and around the market to happen, and you just turn and face the
Thank you for the opportunity to comment on the proposed changes to "Complex Products" like L&I Funds, etc. Apparently once again the government thinks that all Americans are idiots. Concern that investors may be "confused" by "complex products" - I find this attitude highly offensive. I would very much prefer that you leave
Failure to Deliver should not exist. The basic rules of supply and demand are betrayed by this concept. If a Christie’s auction failed to deliver the auctioned item, but sent a replica that is treated and “valued” just as with the original, both of their prices are then diluted. Nefarious intent lies behind the semi-rational “because we need liquidity” argument for naked shorting and strategic
There is no good reason that investors of any kind should be segregated and barred from any type of public investment vehicles, especially not on account of available funds. This rule banning certain investors from inverse and leveraged investment vehicles would limit individual investment strategies and only benefit large institutions. It is fundamentally unfair and disrespectful to the
We want the all the illegal naked shorting to stop, we want the SEC to force the hedgies to cover all their shares in AMC! We want equality in the stock market! We want our voice’s to be heard and for hedgies and corrupt professional who are involved in illegal activities on the stock market to be imprisoned for those actions! If the retail individuals did what hedgies did retail investors would
It is incredibly important to have a financial system be transparent, secure, and fair. I believe that this proposal aids in the effort to produce a more transparent go coal system. Many new investors will be put off from investing in the stock market without these transparency rules. Many people, myself included, see the current system as unbalanced and rife with the exploitation of retail
As an investor in our countries “fair & free” stock market the suspicious activity surrounding a few stocks has made myself (and millions of other investors) quite skeptical on the integrity and fairness of the US stock market. The world is watching to see what happens as greedy hedge funds with billions of dollars tinker around with the market with shady (even illegal) tactics that could
To whom it may concern, As a new retail investor, I want to see more transparency in our markets. I've learned that big financial institutions are abusing their privileges given to them; most notably their use of dark pools and naked short selling. An effective way to earn back the trust of retail investors is to put these often illegal practices on the forefront so we can find out what is
Predatory naked short selling is the bane of healthy markets in this age. The tricks these funds use to hide these positions are unacceptable and frankly just plain cheating. SI reports are basically useless as all a company need do is simply report false data and pay a measly fine. There are too many holes in this ship and it is quickly filling with water. FINRA is largely toothless to stop this