Posted On: 09/23/2016 1:46:51 PM
Post# of 72446
I think I now understand why the FINRA short numbers were so low yesterday.
Another stock I own showed zero short yesterday and it always has been on the FINRA short list. Today I checked on a spinoff of that company NTGL which doesn't trade all that much. Today a few of the longs indicated they had purchased shares and how many and I looked at the actual trades and every single buy had been marked as a sell. Mismarking trades buys as sells would eliminate them from being reported to FINRA. Here are some past examples:
Searches Related to fines for mismarking trades
FSA fines Nomura £1.75m for rogue trades
FINRA Fines UBS Securities $12 Million for Regulation SHO
Goldman Pays $6.75M To End Trade-Mismarking Claims
Visium Insider-Trading Scheme Brought Down by Mismarking Tip
trader banned by FSA after mis-marking positions
Options Traders Fined and Barred for Spoofing and Order Mismarking
Finra Scrutinizes Options Firms Over Possible Order Mismarking
Unauthorized Trading Archives — Securities Lawyers Blog
Obviously they are desperate. Go CTIX!!!
Another stock I own showed zero short yesterday and it always has been on the FINRA short list. Today I checked on a spinoff of that company NTGL which doesn't trade all that much. Today a few of the longs indicated they had purchased shares and how many and I looked at the actual trades and every single buy had been marked as a sell. Mismarking trades buys as sells would eliminate them from being reported to FINRA. Here are some past examples:
Searches Related to fines for mismarking trades
FSA fines Nomura £1.75m for rogue trades
FINRA Fines UBS Securities $12 Million for Regulation SHO
Goldman Pays $6.75M To End Trade-Mismarking Claims
Visium Insider-Trading Scheme Brought Down by Mismarking Tip
trader banned by FSA after mis-marking positions
Options Traders Fined and Barred for Spoofing and Order Mismarking
Finra Scrutinizes Options Firms Over Possible Order Mismarking
Unauthorized Trading Archives — Securities Lawyers Blog
Obviously they are desperate. Go CTIX!!!
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