Per your request for Regulatory Notice 21-19 regarding Short Positions, please find my comment below. The current requirements for short sale reporting, thorough as they may seem, are woefully inadequate in terms of depth, clarity and public transparency. I'd like to take the time to address what I see as issues that clearly and with immediate care must be addressed when considering short
Hello, you need to fix your system asap. Naked shorting is way too easy and the fines are just ridiculously low. Remember: A fine that doesn't even cover the amount they gained and doesn't result into jail time is just a high bar entry check, nothing more... Dark pools are the shadiest crap I've ever seen in my whole life. What is fair about SOME folks being allowed to hide their
I strongly oppose these proposed regulations! This country was founded on the premise that the average citizen has enough common sense to take care of himself and decide what is appropriate as far as his personal finances are concerned. This is just another example of governmental overreach and the end result will be that only the very wealthy will have access to these investments. In my
Have now studied the stock market and how groups like CITADEL have been absolutely stealing from the Global Investment Community while SEC/FINRA/LEGISLATORS/PRESIDENT are simply turning a blind eye to Naked Shorting/handling FTD's and being able to manipulate stock prices by using borrowed shares in DARK POOL TRADING. Ken Griffin needs to feel the pain that he has caused the world retail
We absolutely need more transparency in the market. As more and more retail investors are joining the market, many of them are learning that they don't have access to the same information or ability to perform actions within the market that some of the huge institutions and market makers do. Naked shorting, dark pool trading, payment for order flow, etc. are all things that when examined at
When I buy and hold a stock, like AMC, the obvious hope and intent for me is that the price will go up and I will make a profit. So it doesn’t make sense to me that an entity that holds my shares for me, like Robinhood for example, can lend my shares to someone else then the borrower uses my shares to short and drive down the price. They benefit by achieving their goal of lowering the price, the
Im a non-professional investor with a liquid net worth of over $3 million. I have been successfully using leveraged funds for more than 10 years as part of a complex investment strategy. I use them to hedge my investments as well as take aggressive positions in the market when the environment is suitable. These leveraged ETFs give me flexibility and market penetration that would otherwise be
To whom it may concern,
Good evening,
It has been brought to my attention that there have been discussions of limitations and extreme regulations when investing in leveraged funds.
I believe strongly that this limitation goes against the nature of the free market which has been established in this country for many years. Any market participant has come to an understanding that there exists
You think you’re arguing from a position of strength. You think asking for the public to comment you’re assuaging the masses. You think we think you’ll actually do something honorable and equitable in response to this open comment forum. We know better. It’s all coming out now. Again. We know you’ve rigged the game and corrupted the market. We know you only pay lip service when moralizing an open
I would like to begin by thanking you for taking our comments. I have a few general comments before I attempt to address any of the points raised in your "Background and Discussion" and "Request for Comments" sections. To summarize my position: how is it possible that in an era of rapid trading in which computers execute thousands (or more) trades per second on any given
