Naked shorting is illegal. Conditions need to be met by regulatory agencies to ensure it and any equivalent mechanisms to it don't happen. Broker-dealers can lend internally to close a short position and create a loan instead. FINRA is apparently considering regulating this. FINRA MUST be held accountable to treat a defined intra-member SI-defeat mechanism the same way it would treat its
I support these initiatives. Full reporting on naked shorting as well. Heavy enforcement of shorting regulations and of these initiatives.
Short selling to bankrupt a company should be illegal. Not that the legal system does anything about the naked shorting that's being abused. Short selling is essential to the market, but something needs to actually be done to the hedge funds who abuse this system. It's not fair and it's not right.
We want better short sell reporting, end of day settlements, better short sell marking of shares, much stronger penalties or jail time for short sell violations, and market manipulation. Stop allowing retail investors to get ripped off and bullied. Things like dark pools, naked shorting, and general lack of transparency makes retail investors lose confidence in the market as a whole.
All short positions made by large institutions should be reported including naked short positions daily.
Shorts need to be forced to cover, especially when there's such blatant market manipulation and possibility of naked shorting
As part of FINRA’s program to monitor firms for compliance with the SEC’s Regulation M, FINRA’s Market Regulation department reviews over-the-counter (OTC) trading and quoting activity for prohibited purchases, bids or attempts to induce bids or purchases during the applicable restricted period, and for prohibited short sales during the five-day period prior to pricing the offering.
There should be more transparency on short positions and action taken to prevent naked shorts which will hurt the retail investors.
It’s ok to short shares that you own. It’s never ok to naked short or create synthetic shares.
Along with getting updated publicly accessible free short interest daily to level the playing field, hedge funds should have to file their short positions in 13Fs #AMC Naked shorting also needs to be identified and stopped and FTD's need to be purchased. Can't have all these "IOU's"