Tools for Quality Pull Requests
aha.io7 pointsby zemptime0 comments
Elimination of FTD's, period. Market participants who FTD regularly are ejected.
Information symmetry between blob & retail - true regular reporting on short positions, Swaps, other derivatives. Teeth for this.
Increase in reporting penalties to be less than a cost of doing business.
T+3 Settlement to T+0.
Widespread usage of implementations like IEX to eliminate profitability of low-latency arbitrage.
How: Routing orders through IEX
Exiting brokers who are simply bad for retail (Robinhood)
Withdrawing equities from the DTCC accounts and broker dealer system as a vote of no-confidence (GME recently stated 5m+ individual had directly registered their shares w/ transfer agent as of Oct 31... and put it on their 10-Q, making them only company I'm aware of to have done that in past year).
Suing brokers/applying regulation pressure to those who don't allow basic rights (direct share registration from europe)
Actual monitoring of which brokers are dipping their hands in their customer's cookie jars (see: Fidelity a couple months ago suddenly posting 10m+ shares available to borrow in a very illiquid stock. Where could those have come from? Customer's cash accounts? Oh, it's not *lending*, it's *posting as collateral*? etc)
Signal boosting for existing, honorable efforts: Dennis Kelleher @ https://bettermarkets.org/ / Susanne Trimbath
Awareness & localized support of legislation
Filing FINRA complaints, getting in touch with compliance officers, actually watching & asking.
The beauty and confusion here is, you just have a lot of people learning and teaching each other. Over time, they learn more and do more things.