February 5, 2021
i would like to see some regulations put in place surrounding the act of short selling in the stock market by large investment groups ie: arrangements limited to 100% of physical shares, investment groups or individuals procuring a short sale should have to carry insurance or demonstrate ability to fairly pay out of their contract if unable to fulfill buy back of shorted shares in the event of a share price increase, fair limits and guidelines on strategically re-shorting an already shorted stock, regulations involving an acceptable time frame and moral semantics of short stock buy back to help keep the average citizens good faith in a fair and free market. every trader, retail investor, hedgefund, or otherwise should all have the same rules and fair chance at their bets, otherwise what is the point in anyone investing in the market at all?
furthermore the restricting and limitation of retail investors abilities to participate in the stock market during the $gme stock rise last week and afterwords by certain brokerages, banks and other establishments, while hedgefunds and other large investors were able to continue to trade freely should be carefully reviewed and scrutinized taking into account how much the findings are going to affect public trust. as a small time new investor who purchased a small amount of $gme shares after hearing about the stock on cnbc news, it is of my opinion that we were robbed not only of money but also an equal playing field and then subsequently ridiculed by the very institutions that are advertised, online and on television, to be put in place to protect our investments. i can speak for a lot of new investors and the general public who have just witnessed this or have also been victimized by this, that if this is not rectified, we will think twice about investing again in the future. the math doesnt add up. thank you for reading