How about you just make this a simple thing... Instead of financial institutions SELF-REPORTING their short positions, why not actually have a regulatory body go directly into their books, so they can properly extrapolate the information. This way you can monitor things like married puts/calls that create synthetic shorts, and be on top of them on a daily basis.
The fact that there is even 1 naked short is a Big problem. That should not be allowed period. And if violated... JAIL TIME!!!! Not a tiny fine equivalent to spare change the average person would give to a homeless person
Dear FINRA, I will keep it short: Dark Pools that are only available to large hedgefunds and banks, and which make use of different pricing and availability, are causing the entire stock market to turn against the individual retail investor. These Dark Pools can be used to load up on shares of a specific company and then unload those bought shares onto the common stock market, causing the price
Shorting a company is fine, but malicious shorting and the use of naked shorting along with dark pool abuse is far from fine. The fact that hedge funds can do this is disgusting and a slap in the face of the retail investor. They need to be openly called out and exposed, and the use of naked shorting and dark pool abuse done away with.
Price manipulation and cheating is not the american way.
With all due respect "reporting" is a small part of the shorting problem. While I support more immediate reporting requirements, the issue is naked shorting, mislabeling of shorts (as longs), and other shorting malfeasance being used by market makers (i.e. Citadel and Virtu) to manipulate market prices and destroy market integrity. Fines are also the biggest joke. Citadel has been fined
As long as profits out weigh the fines… are they really fines? You can keep creating rules with no teeth but all these rules equate to is permission.
Hello Finra! , Thank you for listening to the people about these issues! we really need our voices heard since we might be a lot of individuals but we are not as organized as some big money entities are and we cant express ourselves in a very cohesive way but anyways. Please take a look into short selling taking place in $AMC & $GME and some others that i belive are being manipulated
For those who have an FPL account, is there a way in which we can view where the broker is getting the variable interest rate used? I have noticed is a fraction of what is reported from sources like fintel.io. Seems like there are many behind the scenes deals going on to allow for manipulation. If stocks are loaned out, then the interest rate should be able to have some reference of where the
I agree on the rule regulatory notice 2019 and personally want it approved!
