Current rules/regulations that are in place to monitor/report short selling and positions associated with short selling are entirely inadequate. Rules in place that allow for many loop-holes including short exempt, married calls/puts and dark pool activity + high frequency trading leaves currently regulations looking like swiss-cheese. Abuse from market makers and hedgefunds that are paid in gold
Aloha, The fact that short sale reporting is self reported is incomprehensible. The current standard for short sale reporting has allowed and incentivized certain institutions to conduct illegal activity with short and distort schemes. With the technology we have today the standard for short interest and short sale reporting must be updated. Short interest position and short sale reporting need
Technology is at a point where reporting times such as the current T+2 settlement is unnecessary and is being unfairly used as a tool for hedge funds and other entities to have leverage over retail investors. This can and should be transitioned to a T+0 settlement period. This modern world can transmit and receive data almost instantaneously and we should use this to help give the average
Here’s a simpler solution…. Selling a stock that you don’t own should be illegal. Eliminate (naked) short selling… period.
Do not allow options mechanics or trading between parties to hide short positions. Also, make short positions greater than 2% of a stock’s outstanding shares public knowledge and require reporting in filings.
I think that naked short selling should be completely outlawed in every corner of Wall Street. However, considering that large financial groups have very large amounts of money and power in their favor, I don't think that is possible. What is possible is complete equality and transparency when it comes to disciplinary actions enforced. For example, the hedge fund Citadel Securities has been
All short positions made by large institutions should be reported including naked short positions daily.
You have lost people's trust. Your polls are pointless and useless like the SEC.
Fractional short shares must be included in reported short interest else the rule is pointless. Truncating will allow 10billion .5 shares to go unreported and should legally be reported as 5 billion short
Quit allowing shorts, do your jobs. Put an end to dark pool abuse….you and other “regulating” or overseeing groups are just as much of a problem and just as guilty for allowing these abuses