Benjamin Roberts Comment On Regulatory Notice 21-19
Benjamin Roberts
N/A
Something I haven't seen mentioned much lately is the use of dark pools to hide and manipulate trades. It has become far more of a common practice for short sellers to utilize dark pool exchanges to manipulate securities. To add to my early comment about transparency, dark pools need to go away. I can't believe that this practice is actually considered legal in what is supposed to be a free and fair market. Even the one function that dark pools are supposed to actually facilitate is absolutely garbage in a free market. If you have a million shares of something you want to drop, you should have to do it through the exchange like EVERYONE else. If you don't want to see the price dip, maybe don't flood the supply all at once. Why is this allowed?!
For the Public
FINRA DATA
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
FINPRO
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
FINRA GATEWAY
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
For Case Participants
DR PORTAL
Arbitration and mediation case participants and FINRA neutrals can view case information and submit documents through this Dispute Resolution Portal.
Need Help? | Check System Status
Log In to other FINRA systems
Benjamin Roberts Comment On Regulatory Notice 21-19
Something I haven't seen mentioned much lately is the use of dark pools to hide and manipulate trades. It has become far more of a common practice for short sellers to utilize dark pool exchanges to manipulate securities. To add to my early comment about transparency, dark pools need to go away. I can't believe that this practice is actually considered legal in what is supposed to be a free and fair market. Even the one function that dark pools are supposed to actually facilitate is absolutely garbage in a free market. If you have a million shares of something you want to drop, you should have to do it through the exchange like EVERYONE else. If you don't want to see the price dip, maybe don't flood the supply all at once. Why is this allowed?!