If it’s one thing that Melvin capital, citadel, point 72, Susquehanna and Virtu have taught me, in conjunction with the ongoing short selling sagas of certain meme stocks, is that if something isn’t done quickly an entire generation of investors will abandon the US stock market. We are very clearly an oligarchy, which is not only an insult to our founding fathers, but a travesty enacted upon
I honestly have been losing faith in our stock market in general and want to bring integrity back to our markets. If shares aren’t properly reported and have the ability to be manipulated on a mass scale then what’s the point of the every day investor even attempting to do anything?? My comment would be to enforce the law on ALL of us not just some. If naked shorting or selling of stocks they
Proposed Rule Change to Extend the Expiration Date of the Refund Program Under FINRA Rule 3110.15 (Temporary Program to Address Underreported Form U4 Information)
The cat's out of the bag; retail investors now see and know that hedge funds and big business, in general, are taking advantage of the general public. Excessive and indefinite short-selling to drive stock prices down (and some companies out of business), as well as trading away from major exchanges that retail investors cannot interact with is destroying our faith in the system. The
While short positions is legal and should remain so, predatory shorting that harms American companies, it's consumers, and American investors should be abolished. Greater monitoring of the practice and regulatory enforcement to prevent it from occurring is desperately needed. "Dark Pool" trading in particular is should be illegal and have those that participate in it the subject of
To whom it may concern, Short interest positions should be reported daily. Dark Pool trading should be banned. I can understand the argument for their initial creation, however I do not trust financial giants from misusing the dark pools for price suppression. Payment for order flow should be completely banned. Retail investors should be on an equal playing field as hedge funds and market makers
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rule 9231 to provide for the compensation of all panelists that serve in connection with a FINRA disciplinary hearing, regardless of whether it is an Extended or non-Extended Hearing.
Summary
FINRA requests comment on a proposal to expand TRACE reporting requirements to collect information on trades in foreign sovereign debt securities that are U.S. dollar-denominated. Issuance activity in these debt securities has accelerated in recent years and FINRA believes the proposal would provide important regulatory information on an increasingly active segment of the market. Under
Proposed Rule Change to Adopt FINRA Rule 3160 (Networking Arrangements Between Members and Financial Institutions) in the Consolidated FINRA Rulebook
In respect to derivative based VIX ETFs and Options on those VIX ETFs, Retail Investors do not understand these complex VIX ETPs. It is not the investor "may" not understand, but "does not" understand. These complex VIX ETFs like Proshares ETF UVXY are unsuitable for investors. The sponsors need 150+ pages of expert financial wall street and securities legal verbiage to
