May 16, 2025
The SEC needs to fully implement the Consolidated Audit Trail and eliminate "naked" short selling. Without full implementation, stocks will continue to be illegally counterfeited, great American companies will continue to be destroyed and retail stock traders will continue to lose. One example is Fingermotion (FNGR). This stock is currently being "naked" short sold by Jeff Easton of Lind Partners. I have been watching the corruption for over 2 years! They are using the TRF exchange to wash trades all day long in an attempt to hold the price of FNGR down. The wash trades are typically 100 shares at a time (enough at print on the Times &* Sales), they typically come across the TRF Exchange and they frequently are more than 2 decimal points on the price. They are using algorithm ladder attacks to drive the price down. This is typically at 10 AM Eastern and 3 PM Eastern which are margin calculation times of the day. The stock market corruption is HORRIBLE. Neither the SEC or FINRA has done anything about this since it started and was originally identified in 1988!!! Today's technology is more than capable of tracking all trades INCLUDING what shares were borrowed on a short sale. If Bitcoin can be accurately tracked using blockchain technology, so can each individual share of stock. No excuses! Take the corruption out of the stock market! Ty Finch Formerly Series 7 and Series 66 Financial Advisor