Hello FINRA, As an active retail investor, I would like to see brokerages be held accountable to publish hourly (maximum, daily) short interest position figures that include: - The volume of short interest positions taken by their clients in a given hour or day - Details on all of the short interest orders, including specifically the price and quantity of short interest orders that have occurred
Finra should absolutely be stricter on the frequency and the details reported on shorts and short interest. No company should be getting shorted any more than 75%
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REQUEST FOR COMMENTS
EXECUTIVE SUMMARY
The NASD is requesting comment on a proposed amendment to the Board of Governors' Interpretation on Prompt Receipt and Delivery of
My concern with shorting a stock is the impact that action has on the company. By shorting 100% of a company's stock (or more!), the stock may drop to a low enough price that the company can't survive regardless of the underlying value. I would suggest a cap on the percentage of a company's outstanding shares that can be shorted, say 60%. This would allow the investor the ability
Hello, my name is Justin Darrow. I'm pleased to see you're requesting feedback on how to make the stock market more fair, something the SEC doesn't seem to do. When it come to short interest positions, there are 3 things I'd love to see besides the wonderful things you mentioned 1. A T+0 settlement would obviously be the best option. Atleast after market close but buy orders,
Continuing Education Planning
The once a month short reports a a dis advantage to a ll traders. They can short more that 100% and we should be able to find out what the short interest is at will.
FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective
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
"Synthetic Short Positions: In addition, FINRA is considering requiring firms to reflect synthetic short positions in short interest reports." This should be implemented as a daily report with no T+ days.
