You should issue a serial number to every legally issued share of each company. Every dollar bill has one. Why can’t shares? Each sale of every share to any investor, retail or otherwise is cataloged and registered when traded. I buy 1 share and have serial number 12345 attached to it. If my share is short sold, you now know my share of x stock at serial number 12345 has now been bought once and
This system is being absolutely abused by short sellers and transparency is not only needed but should have already been implemented. Everyone should have access to the same data, THAT is a fair and just market. Right now the market , AMC, GME , in particular are being manipulated through the use of ETFs and FTD to stall the process of covering shorts like they should. The consequence of these
I appreciate many of the actions that are listed. Requiring funds to post their short positions (whether synthetic or other) should absolutely be mandatory. The lack of transparency only creates opportunities for these funds to create illusionary positions and to skirt regulatory requirements. The greater the transparency these funds are required to maintain the greater the benefit to both
As a retail shareholder and investor (equities and options) in multiple companies such as Tesla, Gamestop, AMC, along with the typical ETFs tracking the broader market I feel that we have not been well served by the current rules and system. The lack of transparency, limited reporting, and massive loopholes like synthetic short positions and loan obligations not being required to be reported in
Regulators Providing Free Training in Recognition of World Elder Abuse Awareness Day; Program Aims to Assist Firms in Implementing Requirements of Senior Safe Act
WASHINGTON—In recognition of World Elder Abuse Awareness Day, the Financial Industry Regulatory Authority (FINRA), the U.S. Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA)