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to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy.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
I need inverse funds like Pro-Shares ultra Short because it is the only way I know to make money in a bear market. I do not want to short the market. Please let me survive the bear market and keep me able to buy Pro Shares Ultra Short..
A. Providing short interest information to the public for free is a requirement to ensure the retail public's trust in the market. Without access to this information, the average retail investor is at a huge disadvantage when it comes to making trading decisions. Finra should take charge and publish this information daily, so retail investors can make timely decisions about their trading
Recommend weekly reporting by from financial institutions and made public on stocks shorted and positions held for shorted stocks. Require increase financial penalties in excess of 75% of invested value to errors in reporting shorted positions
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,
Thank you for allowing the opportunity to post feedback and make recommendations to make the system fair for all traders. I feel that short interest should be reported intraday. If a stock price can be updated within milliseconds then this should be possible too. I also feel that large institutions that have over 100,000 of any stock should have to report their short positions pre and post market
Yes, please impose mandatory reporting on short sale positions in real time. The short sellers have real time data of the shorts sold, that information should be public and current. There is no free market without a transparent market.
The technology exists for shorts to be tracked and displayed to the retail market in real time. There should be five designations on the real time level two transactions: by the ask sell the bid, sell short, buy to cover, buy or sell last price. Algorithms should be disallowed from opening or closing short positions so all must intentionally participate in the short sale. This will allow for more
It’s obvious shorting has a role to play in today’s market, but also has huge potential to be abused! When very large Hedge Funds or brokers can leverage their short positions by buying shares in a dark pool it becomes predatory because those buys have no affect on market price. This allows short position players to hold short positions longer than they should. If a time or price restriction was
If there was more transparency into short seller positions paired with the proposed enhanced reporting practices it could encourage a more fair market for all investors, not just those largest participants. When attempting to do research into short positions into some companies I had a long position in, the information was so sparse, and vague to say the least, you could not accurately assess the
