More regulatory rules need to bet set for for hedgge funds creating synthetic shares. They borrow shares that don't exist then have to cover them (FTD) after a certain amount of time. Time should shortened to 5 days and there should be absolutely no way of the Hedge funds getting out of it once 5 days has been reached. The rules need changing!
Courtney More Comment On Regulatory Notice 21-19
More regulatory rules need to bet set for for hedgge funds creating synthetic shares. They borrow shares that don't exist then have to cover them (FTD) after a certain amount of time. Time should shortened to 5 days and there should be absolutely no way of the Hedge funds getting out of it once 5 days has been reached. The rules need changing!