As a retail investor, I would like to even the playing field with institutional investors by allowing us the same access to information that they have, especially regarding short positions. Also, in addition to that, I would like short positions to have to be reported daily by no later than 30min after closing bell. This is MORE than enough time for them to calculate their total shorts taken that
First, any organization or entity should have five times the amount of collateral to support a short position. Dark pools where synthetic shares are utilized to manipulate market share price to falsely depict covering of shorts should be deemed illegal and regulations should be placed to cease and detect. If an entity fails to deliver on a short position, their position should be liquidated and
All short positions should be reported including synthetics (why does that even exist). Every share should have a unique identifier that can’t be lent out multiple times (like we used to have with physical paper). Maybe we could have a free capitalist economy if competition was allowed and the best companies perform the best. A company shouldn’t be shorted and driven to bankruptcy because someone
SSR is a solid rule especially for organic trading between bulls and bears. More often than not, when the SSR is triggered, it’s caused by a malicious entity aggressively shorting the stock. Obviously the annoying thing is that SSR doesn’t stop the shorting, it almost doesn’t affect its momentum. Big trading firms will use an aggressive short ladder attack to bypass SSR… Nothing is necessarily
Shorts should publicly announce their position and SSR should stop shorting in general. On dark pools as well.
Of particular interest is the section on Synthetic Short Positions. It seems that approved participants can use synthetics to improve market liquidity, but it also creates a problem of diluting the stock when the shorts fail to deliver. Would position reporting also help to track FTD's better and implement some regulation to have those failures sufficiently resolved before more synthetics
FINRA 21-19 is a regulatory change we must incorporate and enforce in our markets. It is clear to me as a retail investor that the integrity of the US market has been strained, and personally I have lost almost all faith in it. This sentiment stems from the regulatory and enforcement failure in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short
FINRA 21-19 is a long overdue change. It is clear that there is a systematic flaw in the United States market that if continued, will lead to disaster. A large part of this issue is the outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective reporting, they also leave significant specific
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. FINRA 21-19 is a long overdue change. The policies mentioned in Regulatory Notice 21-19 speak of exploitable and ineffective reporting, they also leave specific gaps that could
It is clear that the integrity of the United States market has been strained to the edge of collapse, 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 reporting, they also leave significant
