Mar. 23, 2023
March 23, 2023
I strongly oppose all, exceptions risk mitigating hedging activities, market making or certain liquidity commitments.
I wanted to bring attention to \"naked short selling, phantom shares, synthetic shares, fail to deliver,\" and to describe the systemic abuse and criminal activity US Citizens and businesses. Naked short selling combined unlimited FTDs due to loopholes, exemptions/exceptions, is destroying and bankrupting America and the abusers are stealing every American.
Consider implementing towards FTDs and settlement:
-Fines equal to or greater the monetary amount of the settlement/trade violation.
-Margin calls FTDs exceptions/exemptions, waivers.
-Mandatory Buy-in increased offers until closed.
-Suspend close accounts of brokers FTD 3x/month: SecExch Act 1934, 17A.a.5.(C)