Comments:
I have been investing in the stock market for almost 39 years including 29 years working as a financial advisor.
I have traded leveraged and inverse ETFs
in my own account and understand the risks of same. Fidelity has provided ample warnings of the risks associated with these
Instruments. I would be supportive of FINRA efforts to protect investors for whom these ETFs would be
This is disgusting!! once again, you limit the options for the average american and give even more advantage to the rich in the stockmarket! Obviously, your motive is to prevent declines in stock prices,90% of which are owned by the top 10% of the population. Leveraged and inverse funds are easier to trade and safer than options and futures. The rich don't need any more advantages than they
I would like to speak for all retail investors when I say the underhanded ways corporations are given to manipulate a stock are abhorrent. A pure disregard for what an "Open market" should be. I feel the only way the playing field can be leveled is to make all information available to us, and for entities such as yourselves to police matters harder with stiffer penalties. This is the
(a) Securities Called for Redemption
A certificate of stock or a bond shall cease to be a good delivery upon publication of notice of call for redemption, except when an entire issue is called for redemption and except against transactions in "called stock" or "called bonds" dealt in specifically as such.
(b) Securities Deemed Worthless
(1) In contracts for securities where
I strongly oppose this arbitrary regulation that arbitrarily singles out leveraged and inverse etfs to high net worth individuals. This is clearly a case where regulators are falling prey to political pressure to "protect" investors. These funds are incredibly useful in instances where trading futures is not available. In addition, the risks inherent to inverse and leveraged funds are
We demand transparency with investment firms and funds surrounding the various fees that'll be charge. We need price transparency which is all information regarding a stock's price (such as its bid prices, ask prices, and trading quantities) is available to retail traders. We also Need the T-2 settlement to be reduced to under 1 day. Please give us a fighting chance in the market. ITS
There isn’t any transparency within market. FTDs need to be enforced without delay. NO more dark pools. And SSR should be enforced more strictly. market has become very main stream this year a lot of new investors because of meme stocks - so a lot of these problems are trending to the majority and if nothing changes I can see a lot more people will not trust market after this year.
Every share should be tracked with a unique identifier. Every share with a unique identifier should only be allowed to lent out once. Every order should be delivered T+2 or fails mean 10x cost penalty. Every short position should be updated with FINRA daily. All retail but and sell orders should be done in a "lit" market - not retail order should be allowed to be packaged up with other
I am Richard Ketchum, Chairman and CEO of the Financial Industry Regulatory Authority, or FINRA. On behalf of FINRA, I would like to thank you for the opportunity to testify today.
The Reg BI and Form CRS topic of the 2024 FINRA Annual Regulatory Oversight Report (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) regulatory obligations and related considerations, (2) findings and effective practices, and (3) additional resources.
