Innovation and collaboration are two of FINRA’s four core values. Michael Hawman, Director of Technology for Delivery Services, returned to FINRA after participating in AWS re:Invent in 2022 with a proposal that would align these two values for FINRA’s business and technology divisions.
In general, there needs to be more real time transparent data. Retail investors are not playing on an equal playing field in a supposed free market. With market manipulation obviously taking place with stocks such as $GME and $AMC, things need to change and companies need to be held more accountable. Measly fines or just looking the other way is just an insult to what our market, economy, and
Every single share should only exist once, we have the technology to do that. But until that happens I want to see a record of all shares, bought and sold, and for what price, at the end of the day. Period. No matter if they happened traded in a dark pool or your your mom's basement using an app to transfer ownership. I WANT TO KNOW THIS INFO, BECAUSE THATS WHAT THE STOCK MARKET IS SUPPOSED
Summary
With the recent increase in the number of customers seeking to open brokerage accounts and trade options, FINRA reminds members of the requirements for determining whether to approve a customer to trade options. Regardless of whether the account is self-directed or options are being recommended, members must perform due diligence on the customer and collect information about the customer
I agree with the proposals as listed. I believe this would prevent or reduce the manipulation many believe the market is subject to at present. As such it would promote confidence within retail investors many of whom believe that institutional investors have made the market inherently unfair to them and as such retail may begin to disengage with investing. These proposals I believe would also
AMC has magically come off of the threshold list. A real time example of no transparency is the fact that there are many different speculations as to how that happens after being on it for 10 days with no price movement. (The bigger short laddering happened on Thursday and AMC was on the list on Friday still). It wasn't until late Friday it became apparent that it had been taken off. Is
This Written Supervisory Procedures Checklist (“WSP Checklist”) outlines selected key topics as a reference tool to assist funding portal members (“FP members”) in fulfilling their compliance obligations.
I think fines should be raised. All short sales should be reported to you bu the end of each day and made public just like when you buy a share. Enforse FTD purchases upon noncompliance within 2 settlement days. I think it’s unfair that things are not more transparent. It’s our money our shares that are loaned out without permission. Please raise fines so they think twice before illegal things
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Martin Luther King, Jr., Day: Trade Date-Settlement Date Schedule
The schedule of trade dates-settlement dates below reflects the observance by the financial community of Martin Luther King, Jr., Day, Monday, January 15, 1996. On January 15, 1996, The Nasdaq Stock MarketSM
