I think shorting leveraged ETFs should be disallowed. Perhaps that'd go a way in reducing systematic market risk from these financial instruments? There are plenty leveraged ETFs designed just for shorting an index and it makes no sense to me that one might prefer shorting the ETF itself. It more easily con-volutes one's thinking than just buying the bearish ETF.
Does FINRA only wish to cater to the "RICH CATS" of Wall Street? ETFs are a Godsend to smaller investors, WHOM can NOT open $1 Million + accounts with Goldman Sachs, or Morgan Stanley....and get special privileges (edges) like getting 1st dibs on new IPOs etc. NOW, inverse funds are under review so SMALL fry WILL NOT be allowed to 'short' sectors of the markets? MUST we all
It is critical for the stability of the US markets and investor confidence that short interest reporting covers every known circumstance where short positions -- synthetic or not -- exists. THE POLICY SHOULD BE COMPREHENSIVE SO THAT NO SHORT POSITION CAN GO UNACCOUNTED FOR. Reporting gaps must be bridged. Policy must be consistently enforced. This is long overdue.
When reporting short interest can be skewed through a loophole, this needs to be addressed. When short sale restrictions are enacted as a safety for a volatile stock, but overridden through a mysterious, unregulated exchange: this needs to be addressed. When asset managing/ trading firms have access to order flow prior to retail investors, and can systematically alter a stocks natural and organic
I am a new retail investor. I hold GME and AMC stocks not only as a way to gain financial freedom, but also as a way to protest market manipulation and shed a light on corruption in Wallstreet. After learning about the blatant manipulation that is happening in the market, I have grown increasingly passionate about fighting for a free and fair market for all. I have witnessed the hedge funds
Hi I believe that short selling of any kind is bad, while showing more data is a positive step. Shorting still has too much scope for bad practice. There’s a conflict of interests as soon as a party shorts a company. Too many of the main players in today’s market have ties in all areas of the market. Allowing them to manipulate and drive theses companies further down to there benefit. I could
Effective March 1995
SUGGESTED ROUTING
Senior Management
Legal & Compliance
Operations
Systems
Executive Summary
Some of the self-regulatory organizations (SROs) comprising the Intermarket Surveillance Group (ISG) agreed to adopt policies to ensure uniform reporting of all short interest in traded securities. The NASD has amended Article III, Section 41 of the NASD
FINRA 21-19 is a direly needed change. The US market is in dire straights due to FINRA's inability to adequately police short interest. There are still gaps, however. It is ESSENTIAL for the restoration of both the stability of the US markets and the confidence of the investors within it that ANY and ALL regulation changes regarding short interest reporting be effective in EVERY known
1. Please abolish SHORT SALES 2. If abolishing short sales is not possible, please make the short sale positions of hedge funds and institutions PUBLIC, RELIABLE and Accountable. 3. Please serve the US public and humans across the globe by taking serious action against criminals - not just with a fine of $10,000 for a crime that amount to $1 Billion.
SUGGESTED ROUTING
InstitutionalLegal & ComplianceOperationsSystemsTrading
On August 25, 1994, the NASD issued Special Notice to Members 94-68 (Special Notice) dealing with the NASD's recently approved short-sale rule (Rule). In that Special Notice, the NASD set forth a description of the Rule, provided answers to questions concerning the operation of the Rule, and included
