I would like to comment on the Short Interest Position Reporting Enhancement. I do agree synthetic short positions should be reported. There should definitely be a TSO and Public float report, and it's almost sad that there isn't one already. The reports should come out daily. There's no reason why firms can have super computers doing High Fequency Trading but not have the
We need more accountability for short positions in the market. There is far too much collusion and conflicts of interest that are not good for our markets/economy as a whole. I hope FINRA is able to provide more accountability by passing more rules for institutions, hedge funds and big players as a whole. All information regarding our markets should be public knowledge. Short positions, volumes,
There needs to be much more clarity, no self reporting, frequent third party analysis, bigger punishmemts for rule breakers. If a HF/MM can earn more than they are fined then its a business cost, they need to be fined double the profit plus face criminal proceedings. As a UK investor, i have everything in the US markets, after the manipulation of Gamestop i have no faith what so ever, even China
The companies reporting short interest have been shown to not follow the rules and hide their short positions in various ways. There is no good reason that any information related to the financial system should be left up to self reporting. All information should be submitted and stored automatically as transactions are carried out and it should all be of public record. This record should be
Every share should be given a unique identifier and accounted for. If a share is short it should be marked as loaned and short in a public database that is instantly available to the public. It doesn't have to say WHO but a unique identifier for the trader and platform would be nice. An ID that only the owner of the ID could use to make sure the ledger is valid. Another option would be to
FINRA must require proper reporting of short interest by institutions, for too long have they been able to provide inaccurate self-reported misinformation(see SEC for historical offences of mislabeling Short positions as long) without oversight to push down stock values of companies. To maintain confidence in the market, this will be necessary as global interest will leave the US capital markets
Short position disclosure should be required of all market makers, hedge funds, financial institutions, etc. in the interest of a fair, free market. The fact that, even now, these institutional investors haven't been required to report short positions, dark pool trades--or even the fact that a "dark pool" is allowed to exist"--goes against the integrity of the market itself.
There needs to be hourly reporting of short positions and it must be monitorized. The manipulation of rerouting over 50% of trades daily of AMC through dark pools to benefit Hedge Funds positions is not a free market. I have watched blatant manipulation through AMC and GME. I am a professional business woman who has done lengthy research into FTD’s, Synthetic Shares and how there are possibly 29B
EBS Submissions Following Implementation of the Option Symbology Initiative
You want the people to trust the government and believe that they have the peoples best interest, then do something about all the illegal stuff Wallstreet and hedge funds do. Stop the massive amounts of shorts they have. Stop them from shorting a company out of business. Do something about all the FTD'S. Really Stop the short ladder attacks that they use to deliberately drive the price down
