The shorting that takes place in the dark pool should either 1- be eliminated 2- be reported for all to see, or 3- be regulated so that a company cannot trade 50% to 60% of a stock in the dark pool. And if a company has a certain amount of time to cover their short positions, that should be enforced. Not a small fine for missing deadlines. That is how the manipulation continues. SSR should also
How about more transparency such as more frequent short share counts? Weekly short share audits would be great. The possible elimination of shorting through dark pools is another great idea. Money managers have all the data as they see the counts coming in. Why not let the “retail investor” see the shares going out? Level the playing field and that would be a huge boon for the economy in terms of
FINRA 21-19 is long overdue. Outdated short interest reporting policy has resulted in systemic risk to the integrity of US markets. While many of the policies mentioned in regulatory notice 21-19 generals address exploitable and ineffective reporting, they also have significant loop holes that would defeat the entire purpose of 21-19. It is critical for the restoration of stability in both the US
We just want a fair market. Short sellers have been doing illegal practices and the SEC just sits around and does nothing. These big hedge funds manipulation the market daily to make billions on short selling. No one should be allowed to short sell a company to bankruptcy. All retail investor want is a fair market and for the SEC to enforce the rules and stop laying over for big banks,hedge funds
Private short positions should not be allowed. All short positions should be disclosed to the public
This is my first and most sincere comment to FINRA guidance and rulings Throughout my last few years of investing and last year of seriously understanding the markets -- there is no doubt in my mind that the framework of reporting and filling short positions on stocks is absolutely the most murky and shark infested water in the entire market. The reporting framework and the amount of loopholes
List the institutions that are short and how many shares? Report the amount of shares shorted on each transaction.
When reporting short interest can be skewed through a loophole, this needs to be addressed. When short sale restrictions are enacted as a safety for a volatile stock, but overridden through a mysterious, unregulated exchange: this needs to be addressed. When asset managing/ trading firms have access to order flow prior to retail investors, and can systematically alter a stocks natural and organic
GUIDANCE
Short Sale Delivery Requirements
SUGGESTED ROUTING
KEY TOPICS
Internal Audit
Legal & Compliance
Operations
Registered Representatives
Senior Management
Systems
Trading
Training
Short Sales
Rule 3210
Executive Summary
On April 4, 2006, the Securities and Exchange Commission (SEC)
approved new Rule 3210, Short Sale Delivery Requirements, which
applies short sale
Shorts should publicly announce their position and SSR should stop shorting in general. On dark pools as well.
