I would like to see the stock markets overhauled with a crypto blockchain style solution. Every share can then be tracked and identified with a unique token per coin. This could be created with specific user definable fields such as "shortable" where a user can specify whether or not his/her shares can be shorted. This could also enable a field to increment each time a share is shorted
I would like to see automatic reporting of shorts and short interest and not self-reporting. I have a three year old and if I'd ask her to self-report when she does something wrong life would be peachy. The brokers, market makers and multitude of firms, funds, offices and other institutions have shown that they are unreliable or downright fraudulent when it comes to reporting. They should
Short sale, short interest, fails to deliver, hedge funds using the same collateral for different margin accounts and loans, and all dark pools information should be made available to the public as daily reports as LIVE FEEDS. Data Science algorithms can reveal how these market manipulators are stealing money from retail investors. Data and information should be available as LIVE FEEDS just like
INFORMATIONAL
Options Rule
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Legal & Compliance
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NASD Rule 2860
Executive Summary
On December 13, 2000, the Securities and Exchange Commission (SEC) approved amendments to National Association of Securities Dealers, Inc. (NASD®) Rule 2860.1 The
SUGGESTED ROUTING
Senior Management
Legal & Compliance
Executive Summary
On August 7, 1997, the Securities and Exchange Commission (SEC) approved amendments to the National Association of Securities Dealers, Inc. (NASD®) Code of Procedure setting forth, among other things, general procedures for
Dear FINRA,
The(Your) tentative unnecessary regulatory interference, deemed potential unwarranted regulatory adjustments, by the majority of investors in U.S. financial Markets', and the/their use of 'free-trading' instruments in the purchase and sale of, ie., Currencies, Commodities, Bonds, Notes, Stocks, ETF's, etc., such as and in particular, those '
FINRA 21-19 leaves many problems with address general problems, but also makes many new ones that get rid of the purpose of 21-19. It is very important for the stability of the United States market that regulations regarding short positions are reported in every situation. Otherwise, short positions can go unaccountable for a long period of time after their due date. We must not let our standards
I find the idea of restricting access to financial tools extremely offensive. The market is built around the concept of public availability. Restricting access to certain stocks or tools simply because an elite few deem them unfit for the unwashed masses is egotistical and morally reprehensible. Please do not create a private walled garden around inverse and leveraged funds. Consider the scenario
I should be able to decide what the right investment is for me and my family. Levered and Inverse funds are safer than the alternative. The alternative is to short, use margin, use futures, or use calls and puts. All of which can wipe out your entire capital. Levered and inverse levered products offer an amazing alternative to less sophisticated investors. They're definitely more volatile,
During the 2007-2009 Financial Crisis, inverse funds saved my retirement. I also have occasionally used leveraged funds because of a 24-hr shortage of "settled" funds. I do not want or need the protection afforded by the proposed measures. The Fed has routinely created bubbles in various asset classes, incentivizing investors to use leveraged long funds as the bubble expands.
