Hello, As a full-time investment portfolio manager for the last 15 years, I feel like this entire filing is yet another moot point. No matter which valid point I bring up, the Commission will only find it invalid, however, here goes nothing: I respectfully advise the Commission to re-think the overall goal in respect to their job function. You're asking for comment on something very little
Did you know that you can set aside pre-tax dollars for “qualified medical expenses” to pay for outlays not covered by your health insurance plan? Health savings accounts (HSAs) are investment accounts and contributions don’t count toward your adjusted gross income at the end of the year, but there are rules.
This system is being absolutely abused by short sellers and transparency is not only needed but should have already been implemented. Everyone should have access to the same data, THAT is a fair and just market. Right now the market , AMC, GME , in particular are being manipulated through the use of ETFs and FTD to stall the process of covering shorts like they should. The consequence of these
Creating synthetic shares is the same as counterfeiting. Put some teeth in your fines. Right now, the fines are so small, it's just a cost of doing business to these big companies. Do better at investigating naked shorting and up the fines. All shorting, no matter what exchange, should be reported and made public. Get rid of dark pools. And for pete's sake, it's 2021. Why isn'
SQQQ is a protection for stock account, if forbidden to treat, there is no way for individual stock holders to protect their account other then by options, which is very risk. I do hope FINRA can reconsider the deletion of SQQQ. Thank you!
Our free enterprise system opens and allows of many income levels to opportunity to invest the market system ,national,global, to set regulations is to dampen the freedom to choose the best viable stock option, secure or insecure stocks.
Many in the small firm community believe that it is not the rules that are the problem, but how they are enforced. FINRA seems to devote too much time and too many resources examining well-intentioned firms that are devoid of customer complaints, and whose behavior is unlikely to cause customer harm. FINRA struggles to apply metrics to firms in determining how to deploy regulatory efforts. Here
Each participant will be charged a monthly fee for use of the FINRA/NYSE Trade Reporting Facility. The monthly fee will be calculated as follows:
(a) If the participant submits one or more trade reports to the FINRA/NYSE Trade Reporting Facility during a given calendar month, the participant will pay a monthly fee equal to the sum of (i) $1,000 plus (ii) $0.0055 per published tape report.
(b)
Industry Governor (Large Firm Representative)Managing Partner, Edward JonesGovernor Since 2022Committees: Audit & Risk Committee, Finance, Operations & Technology CommitteeProfessional ExperienceEdward JonesManaging Partner (2019 – present)Principal, Client Strategies Group (2015 – 2019)Principal, Branch and Region Development (2011– 2015)Principal, Branch Office Administrator
Short interest should have 100% reporting daily. T+2 gives an unfair advantage to hedge funds. There also needs to be transparency with synthetic shorts. They do exist and its also an unfair practice. Fines should exceed the amount of fraud or manipulation. Small slaps on the wrist do absolutely nothing. A 10 million dollar fine on manipulation that made a financial institution 80 million dollars
