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Phil Caudle Comment On Regulatory Notice 21-19

Phil Caudle
N/A

Naked short selling was made illegal, yet the hedge funds still conduct in this activity almost daily. Harsher penalties need to be dealt by regulatory agencies to ensure it stops and not just by dealing out small fines that are pennies on the dollar compared to what the hedge funds stand to make. Mandatory and constant audits need to happen by regulatory agencies to ensure shorts and FTDs are not being hidden in options. Punishments need to be severe enough to ensure it stops and in a timely manner. High frequency low volume trades done in dark pools are being used to manipulate stock pricing. This market manipulation needs to be clamped down on, enforced, and punished with heavy fines.