Anonymous ID: 36dd61 Dec. 11, 2018, 8:19 p.m. No.4266875   🗄️.is 🔗kun

Q team, If you still monitor this board, please pass on to Q+ that if he puts on his casino owner's hat, he'll see FINRA has trading rules which can be tweaked like a slot machine's operating system to shift the US public markets from capital destructive to capital formative.

 

When shifting from human's running markets to computers, FINRA created rules to maximize trading volume as they generate regulatory fees for trades.

 

If a person buys a share long, they can hold forever. 1 FINRA fee. If a person sells a share short, they likely have to cover. 2 FINRA regulatory fees. If a computer wants to short a lot of stock, then FINRA has to get rid of the uptick rule. They did. Now computers can short an unlimited amount of stock very quickly. When they buy it back, BONANZA for FINRA.

 

The price improvement rule says if someone crosses the spread and buys less than 100 shares, the market maker on the offer must mark down the price to clear the odd lot. Another FINRA fee generating transaction.

 

And in the unintended consequences category of automation, we had to come up with CNS to make sure we would be able to access all shares to short at any point in time. But we never got rid of liquidity shares. So liquidity shares are really just kind of an extraneous way for certain participants to make shares up out of whole cloth.

 

If POTUS wants US markets to be the premier venue for capital formation, he simply needs FINRA rules to ban liquidity shares, reinstate the uptick rule and eliminate the price improvement rule.

 

And if he really wants to get things going, he needs to ban short selling in companies below $500,000,000 in market cap. If the tiny guys coming to market with $2 or $3 million in market cap can get a second or third offering off, before they are counterfeited to death, we'll see IPOs showing up in droves.