Mike Flamm Comment On Regulatory Notice 21-19
I believe that firms should be required to report their data on synthetic shares. I also believe that companies on the threshold list should be identified as such. I appreciate your time, Mike
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I believe that firms should be required to report their data on synthetic shares. I also believe that companies on the threshold list should be identified as such. I appreciate your time, Mike
Shorting as a market practice is a ridiculous concept to begin with because in no other area of a capitalist market can you borrow something that is already owned and then sell it, only to buy it back at a lower price to intentionally profit off of the initial lender. That aside, self reporting clearly isn’t working, and the ability for borrowed stock to be mis-marked, intentionally or otherwise, is a long standing pervasive issue. Shares need a better marking system to denote “Borrowed” and “Sold while borrowed (shorted)” and a running tally until returned to the original lender.
The way the market is controlled by short attacks is truly disgusting, the retail investor has become a feeding frenzy for hedge funds and market makers, it has to stop! It’s illegal what is happening on a daily basis!!!
It seems to me market makers can profit from and manipulate by failing to deliver. there should be greater penalties and a shorter time to cover naked shorts.
We can start with better transparency. The simple fact is that there are systemic issues with the creation of shares to borrow based on future volumes, failures to deliver, and shorting in general. While appreciated, and needed, the solutions to these do not lie in the resolution of transparency alone. Removing the capability to generate future transactions to borrow from, use for offsetting failed to deliver positions, and in general affecting the stock price negatively needs to be resolved.
From a young age we teach the youth to be honest. Can’t everyone just tell the truth….
Selling things you don't own is illegal. Naked shorts and the failures to deliver are a major problem, and I am tired of every institution in this country being stacked against the little guy, while these hedge fund players make billions from manipulating the market and destroying what ever business they want. People should be going to prison for a very long time.
Hello, I'd like to have a faster access to the Short Interest reporting, receiving the information after more than 2 weeks it was released it leaves the retail investor in disadvantage compared with big entities like MarketMakers, HedgeFunds and investment funds,
1. Buy orders vs sell orders buy orders show more inflow and the price drops. 2. Naked shorting, synthetic shares. With amc the CEO gave good information about share holders and the amount per stock holder on average. This number does not add up with the volume of buy and sell orders. 3. It's a simple supply demand the supply is small and demand high. How can the price constantly dropping if no one is selling.
Transparency in the market! Frequent monitoring of naked shorting especially from Citadel who is a Market Maker and Hedge fund which is a conflict of interest. START ENFORCING RULES! MAYBE SEC SHOULD DO THEIR JOBS AND STOP WITH THE PETTY FINES! HOW ABOUT SOME JAIL TIME!! We are looking for a freedom market.