Comments: I am strongly against limited access to leveraged and inverse ETF's. They are not in any way conceptually confusing and they are always accompanied by significant disclaimers describing their short term nature and the extra volatility expected. Limiting access to these products would decrease my ability to effectively manage the risk in my portfolio, especially on the short side.
As a concerned investor and with regard for the overriding desire for free, fair and open markets, I return the following comments. 1. Consolidation of short interest data publication, centralized on the FINRA website should be made public. 2. Require firms to segregate short interest held in proprietary accounts vs that held in customer accounts. 3. Report to FINRA account-level short interest (
Fractional short shares must be included in reported short interest else the rule is pointless. Truncating will allow 10billion .5 shares to go unreported and should legally be reported as 5 billion short
Appropriate reporting requirements on short sales, institutional short selling and dark pool sales reporting. Outdated reporting requirements allows for the current institutional deceitfulness in its short selling practices
As one of the biggest regulating bodies within the overseeing of the stock market, Finra should strive to have a way more transparent, thorough and demanding framework for reporting short positions. You admit in your proposal that the extent of which many of these methods are being implemented in the market - are unknown. As the framework stands today, institutions that profit from short selling
What implementation period would be appropriate to provide members with sufficient time to make the systems changes necessary to comply with this requirement? Change needs to happen as soon as possible, immediately to restore faith in the markets. To make these crooked markets somewhat fair to retail investors. FINRA is considering whether daily or weekly short interest position reporting would
I'm a retail investor, of the style that invests my meager retirement in ETFs and other low-risk vehicles. I've recently become more interested in managing my own IRA and such, in part due to the fervor surrounding GME and other tremendously short sold stocks. This interest let me to reading extensively about short interest, reporting, FTDs, and the options techniques used to "hide
We want better short sell reporting, end of day settlements, better short sell marking of shares, much stronger penalties or jail time for short sell violations, and market manipulation
1. Open institutional short positions should be disclosed after the end of every market close. 2. Shares in an institutional short position should be serialized in order to attempt to prevent rehypothication and to confirm the shares exist. 3. Failure to delivers should be disclosed within 1 day after the settlement date. 4. The penalty for not reporting information on open short positions or
As a mostly outside observer who has be diving into the inner workings of the mechanics behind short selling, I've noticed that the lack of transparency effectively makes it impossible to determine the overall value of the short positions that exist, along with a lack of information about how many synthetic shares are created and how positions are opening and closing on a regular basis. This
