During the 2007-2009 financial crisis your organization put limits on selling short to protect big banks. I am certain the purpose of this regulation is to limit selling losers once again.
Stop protecting "us" and start regulating "them". Companies have bean playing in your casino for too long.
No to this regualation
I am firmly against the proposed changes to limit access to and actions on leveraged and inverse funds. For myself and others like me, they are a legitimate, useful, and profitable investing vehicle that form a significant portion of my short term investing strategy. Respectfully, I am asking that you do not over regulate where it is not needed.
Comments: As a tool, in the hands of a competent advisor, a point which cannot be stressed enough, inverse funds can be a value component to the management the risk in a portfolio. For taxable accounts, an inverse can also assist with the management of taxes. For IRAs, where shorting an index is not permitted, an inverse can provide for a closely approximated approach.
Inverse and leveraged funds are a perfectly transparent and clear way for investors to gain advantages over various market conditions without the complexity of option agreements that could expose them to massive risk. Unlike a short option, losses in an inverse fund are limited to the size of the investment, a responsible and conservative path for any investor.
These regulations would be taking a valuable tool away from investors. They would impinge on our ability to hedge our accounts against loss. We would need to become short sellers, which is much more risky and unavailable in retirement accounts. Your proposed rules would increase market risk.
The rules around Failure to delivers (on short selling) for larger organizations (namely citadel securities and others), is giving them a way out to continue to drag down companies and squeeze out retail investors. The market does not function the way it should with the hand tipped to the market maker. The market maker is also the one funding the media outlets, may own assets in 'educational
Outlaw all dark pools, synthetic shorts, and fail to delivers, or at the bare minimum require them all to be reported in realtime publicly. These are the bare minimum clear steps needed, or further info exposing the depth of corruption will be leaked, inevitably leading to global financial collapse.
Greater transparency regarding short positions is essential for the market to function as intended. Any regulation that increases this transparency has my wholehearted support. Market manipulation must be actively fought against as loopholes continue to be found by those who would sacrifice their integrity for profit.
Dark pools. Why are they here, what are they supposed to be used for. I feel they have been exploited and abused over and over for the benefit of the hedge funds and market makers. They have been used to hide short positions and kick the can down the road in regards to amc and gme.
Something needs to be done about leveling the playing field between institutions and retail investors. With the technology available to us today it shouldn't require much effort for institutions to report their short positions on a daily basis, while also providing more detail in the public reports.
