FINRA 21-19 represents a ground shaking step towards improving the transparency and ultimately the freedom of the United States' market. Up until now, FINRA's archaic short interest reporting standards have facilitated exploitative and irresponsible market practices that threaten both free competition and the stability of the market. Recognizing the abuse behind intransparent reporting
Entities which are found to be breaking the law need to be punished for doing so. Failing to respond to the actions of malicious actors leads to instability in the system, an imbalance of power when there should not be one, and a loss of trust in the viability of the system itself. The punishments must be sufficient to discourage future attempts and breaking the law. If breaking the law and
Rule 1. All short sale shall be reported to finra by end of each settlement day. Rule 2. Finra shall make public report the day to day short sale by end of settlement day of the trading week. Rule 3. All unused loaned shares shall be reported to finra by end of settlement day. Rule 4. Finra shall make public the outstanding unused loaned share by end of settlement day of a trading week. Rule 5.
The way the stock market is set up for the larger entities to easily outweigh performance of the average retail trader is completely absurd. With stocks that are being massively shorted, much like Tesla (TSLA) was back a few years ago, and other stocks now like Gamestop (GME), AMC Theater (AMC) , Nokia (NOK) and many more, it allows such a distrust in the system for who can make money FAIRLY. If
2008 Ape so strap in. There isn't enough space to cover everything so let me summarize: For every crime someone, say, making more or less than $200k in the market, be it collusion, insider trading, fraud, or what have you, committed and was jailed for, is evenly handed UP to those making more than $1mil to $2 BILLION more or less in the market. (That can be made easier by) *ban and make
It is inappropriate for a regulatory entity to impose restrictions on adults that are capable of making their own decisions when it comes to selecting investments of their own money. No regulatory has the right to tell any American citizen how, when, and where they can spend or invest their money.
FINRA already regulates those that commercially sell to, coach, and suggest investment
SEC Approves Amendments to Require Firms to Identify Transactions with Non-Member Affiliates in TRACE Trade Reports
The Cyber and Analytics Unit (CAU) within FINRA’s Member Supervision program is highlighting recent updates to the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) 2.0, which is a resource designed to help organizations manage and reduce cybersecurity risks, regardless of their degree of cybersecurity sophistication.
(a) Requests for Documents or information
Parties may request documents or information from any party by serving a written request on the party. Requests for information are generally limited to identification of individuals, entities, and time periods related to the dispute; such requests should be reasonable in number and not require narrative answers or fact finding. Standard
Ver en españolOmbuds is a term originating from Sweden and means representative. The International Ombuds Association describes an ombuds as “one who assists individuals and groups in the resolution of conflicts or concerns.”FINRA’s Office of the Ombuds is an independent, neutral, confidential, and informal resource for anyone with questions or concerns about FINRA, which regulates the U.S.
