RE:Regulators "Up Tick Rule" & "Short Report",,. EStreet wrote:
Sept 1/2012, The Investment Industry Regulatory Organization of Canada repealed the "up tick rule" on Canadas equity markets...Trading Conduct Compliance Dept. can be reached at the following e-mail address,,,,,,,,,,. tradingconduct@iiroc.ca
Agreed! if you look at what it did to the Canadian Ventures you see the attrocities startes immediately in 2011. Imagine if they reimplemented?
Ban shorting or make all settlements and trades instantenous. Have a single exchange,that does everything real time and everyone is equal. Force retail brokerates to submit individual investor's orders without going through an antiquated "desk"! Have brokerage that have they own brokerage declare if the trade is from their own brokers or from a client. Ban anonymous hiding of trading.
STEP and the other nonsense they claim to have to detect abnormalities, doesn't work in the TSE or TSEV
Lots of things THE REGULATORS need to fix.
In the meantime, let's keep finding these beat up stocks and LOAD UP! LOL ;-) ;-) Too bad the markets aren't open today! Heck, let's add that too to the wish list, make trading 7 per week to allow people with full time jobs to have two days out of seven! :-) And have extended hour trading as well for poor retail. :-)
LOL