Illegal short selling has decimated my personal savings. FINRA has done nothing. SEC, nothing. Please get around to making it stop.
Instead of trying to pass more restrictions for average lower income bracket investors, how about you looking into institutional shorting of stocks? The way they manipulate the market so easily is criminal.
I don't want to be parented by a government agency that wants to take away investor's rights and destroy a free market system wherein investor's determine their own suitability and investment goals. The proposed changes are an invasion into investor's private affairs. I very well can read a prospectus and decide for myself without any further governmental
April 12, 1988
TO: All NASD Members and Other Interested Persons
LAST DATE FOR COMMENT: MAY 12, 1988.
EXECUTIVE SUMMARY
The NASD requests comments on proposed amendments to Appendix A to Article III, Section 30 of the NASD Rules of Fair Practice (Appendix A), which contains the NASD's margin maintenance rules. The proposed amendments will update the NASD's margin maintenance rules to
My name is Brian and I am a retail investor. I do not have a background in finance or economics and I do not have any SEC certifications. I have 3 trading accounts; a joint brokerage, an individual brokerage and an IRA. The combined balance of these accounts is about $300K. I am in my 40s and no longer hold my corporate job. I am self-employed and chose to invest my own retirement and cash/margin
Please do something about the manipulation of the AMC and GME stocks. Excessive dark pool trading, excessive short selling, being contributing factors.
Shorting shares should be limited to the shares you actually own. No borrowed shares. No corporate bond shares. No fake shares. ACTUAL Shares owned!!!
Shorts need to be reported daily. The stock market needs more transparency and less manipulation. This will only help ensure a fair market for ALL investors.
FINRA has taken disciplinary actions against the following firms and individuals for violations of FINRA rules; federal securities laws, rules and regulations; and the rules of the Municipal Securities Rulemaking Board (MSRB).
FINRA has taken disciplinary actions against the following firms and individuals for violations of FINRA rules; federal securities laws, rules and regulations; and the rules of the Municipal Securities Rulemaking Board (MSRB).
