The Manipulative Trading 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.
Summary
FINRA is updating the imbedded text of Securities Exchange Act (SEA) financial responsibility rules in the Interpretations of Financial and Operational Rules to reflect the effectiveness of amendments the Securities and Exchange Commission (SEC) adopted1. The updated imbedded text relates to SEA Rules 15c3-1, 15c3-1a, 15c3-1b, 15c3-1d, 15c3-1e, 15c3-3, 15Fi-1 through 15Fi-5, 17a-3, 17a-4
INFORMATIONAL
Continuing Education
SUGGESTED ROUTING
KEY TOPICS
Continuing Education
Legal & Compliance
Registration
Senior Management
Continuing Education
Firm Element
Executive Summary
The Securities Industry/Regulatory Council on Continuing Education (Council) has issued the annual Firm Element Advisory, a
This rule is no longer applicable. Incorporated NYSE Rules have been superseded by Temporary Dual FINRA-NYSE member Rule Series. Please consult the appropriate FINRA Rule.
The term "the Exchange," when used with reference to the administration of any rule, means the New York Stock Exchange LLC or the officer, employee, person, entity or committee to whom appropriate authority to
Stop charging small fines to hedge funds manipulating the stock market. They break the federal laws, knowing that you, FINRA, SEC and DTCC will just give them a pat-on-the-back. All of the recent actions we've seen you, FINRA, the SEC and DTCC taken as of recent points to collusion with Market Makers, and hedge funds. It's the very reason why the children of the FBI and CIA have
I have been trading levered products for over 10 years now and hope to be able to have the option of doing so unfettered by unnecessary restrictions/regulations in the future.
While I agree that there are investors/traders in the market that use these instruments that are not fully aware of what they really are, the same can absolutely be said about every other ETF type products available on the
Let me ask you, who gives you the authority to determine if any investments are too complex for me? You're supposed to protect me from unscrupulous brokers. So now you're protecting me from myself? I am an individual investor.
So now I'm too stupid to not educate myself on investing? I need you to make me:
1. Pass a regulator-imposed test of your specialized investment
Having used these products for a very long time, i would make the following observations:
* these instruments fix leverage as opposed to variable leverage provided on margin by brokerages. individual investors are smart enough to adjust their own leverage accordingly.
* the cost of borrowing implicit in leverage funds will often be better than the margin charged to individual investors by their
My online broker just made me aware that regulations are being considered that would put additional restraints on my ability to trade leveraged and inverse ETF's. I object to what is unnecessary.
Following the logic the next step would be to put restraints on all online trading to the public. Then investments would be back to only being managed by brokers. Progress was made when
I am new to Leveraged/Inverse ETF's and am learning how best to use them. I thought they were very very risky when I became aware of them several years ago.
I started small with $1,000 positions 2 ETF's 3x. I use them not to trade over day to day but as protection in times like now to make money in declining markets. I formerly used Mutual Funds for the same purpose but
