Why still, is there any reason for trades to be not reportable? Secrecy within trading needs to stop. There needs to be more transparency from all parties involved. “...considering including in FINRA-disseminated short interest data, where available the TSO and public float for securities?” What do you mean “where available”? You are the Financial Regulatory Authority, you should make that
Private short positions should not be allowed. All short positions should be disclosed to the public
Regulatory Notice 21-19; I have watched the stock that I am invested in get shorted into the ground, manipulated through short ladder attacks and dark pool trading. If I am to maintain any faith at all in the integrity of the North American stock market system, it can only happen if Citadel Securities is called to report their short position and other requested information per the Regulatory
Improved reporting for short positions is long overdue. As proven by the research done on "meme stocks" like GME and AMC there are a wide variety of ways for institutions to hide their short positions from others. Some of these include shorting of ETFs, using married puts and other options plays and simply lying with willingness to accept a small fine. The market overall needs more
This Notice announces, effective immediately, clarifications of interpretations of the FINRA margin rule regarding minimum equity requirements in FINRA Rule 4210(b).
Questions concerning this Notice should be directed to:
James Barry, Director, Credit Regulation, Office of Financial and Operational Risk Policy, at (646) 315-8347 or by email;
Joseph David, Principal Specialist,
Publication Date: February 23, 2023
Interpretations are marked in blue background beneath the rule text to which they relate.
15c3-1a Options (Appendix A to 17 CFR 240.15c3-1).
15c3-1a(a) Definitions.
15c3-1a(a)(1) The term unlisted option shall mean any option not included in the definition of listed option provided in paragraph (c)(2)(x) of § 240.15c3-1.
15c3-1a(a)(2) The term option
List the institutions that are short and how many shares? Report the amount of shares shorted on each transaction.
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to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy.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
Short selling is an unnecessary practice and should be completely illegal. Blah blah blah “it prevents muh bubble”. [REDACTED]. We’re in a bubble already. The entire market is a sham to funnel money from poor people into the hands of [REDACTED] bankers and techno oligarchs who want to enslave us. Short selling is basically the equivalent of a [REDACTED] light switch. All short sellers should be
FINRA 21-19 is long overdue. Outdated short interest reporting policy has resulted in systemic risk to the integrity of US markets. While many of the policies mentioned in regulatory notice 21-19 generals address exploitable and ineffective reporting, they also have significant loop holes that would defeat the entire purpose of 21-19. It is critical for the restoration of stability in both the US
