We need more transparency in the market. Shorts need to reveal their shorts position, the FTD (failure to deliver) and naked shorts are making the market a place where it feel the system is ridge in favor of the 1% and against the retail investor.
Short reporting needs to be real-time, or End Of Day. The ability to Naked Short should not be allowed at any point. The people or entities shorting companies into bankruptcy should be prosecuted for doing so when illegal processes are used.
The Commodity Futures Modernization Act of 2000 (CFMA) lifted the ban on the trading of futures on single securities and on narrow-based security indices (security futures). Security futures are regulated both as securities and as future contracts, and must be traded on trading facilities and through intermediaries registered with both the SEC and CFTC.
Security futures involve a high
No naked shorts. More frequently posted information on short sales
Institutions should be punished up to over 100% of their order amount and lose license to trade for naked short selling Institutions should not be able to hide their short positions using covered calls Short positions should be reported everyday
1. Disclosures of short positions by institutions and hedge funds on a shorter time window (preferably daily) 2. Much heftier fines for participating in the illegal practice of naked shorting 3. More regulations of dark pools and the creation of synthetics shares 4. Daily reports on margin and those who are over leveraged in a short position 5. More up to date reporting and transparency in
SUGGESTED ROUTING
Senior ManagementLegal & ComplianceOperationsSystemsTrading
Executive Summary
On July 14, 1993, the Securities and Exchange Commission (SEC) approved a new Section 71 of the Uniform Practice Code (UPC) requiring members to close out short sales in Nasdaq® securities that meet a certain clearing short-position threshold. In addition, the SEC approved
If naked shorting is illegal why allow loop holes around it? All short interest positions should definitely be reported. I’m a proud Retail investor in Inovio Pharmaceuticals... a company saving lives for Cancer and Covid that’s been in the top 25 shorted companies list far too long. It’s really sad that when I speak of this company I have no choice but to state how the SEC is allowing shorting
Enforce rules, larger penalties, end naked short selling, transparency or end/reduce dark pools, limit high frequency trading, limit ability to short sale-naked-over and over, transparency in short sales, regulation sho-strict adherence and compliance regarding threshold list
Please require all institutions and bonafide market makers to report their short positions who are subject to 13(f). Real time reporting of short positions would be beneficial as well. SSR rule needs to also account for naked shares. There have been multiple cases of $gme and $amc being shorted on red candles instead of being shorted on green candles when SSR is active.
