This rule is no longer applicable. NASD Rule 1010 Series has been superseded by FINRA Rule 1000 Series. Please consult the appropriate FINRA Rule.
This Interpretive Material sets forth a membership waive-in process for certain New York Stock Exchange ("NYSE") member organizations to become members of FINRA as part of the consolidation of the member firm regulatory functions of NASD and
This Interpretive Material sets forth a membership waive-in process for certain New York Stock Exchange ("NYSE") member organizations to become members of FINRA as part of the consolidation of the member firm regulatory functions of NASD and NYSE Regulation, Inc. ("NYSE Regulation"). It applies to firms that, as of July 25, 2007, (1) are approved NYSE member organizations or (
1. T+0 settlement 2. Market Makers cannot be hedge funds. 3. Stock in hand rule ie short seller must have found and received stock before it can be shorted. 4. Public list of every entity which short sells a stock. 5. Maintenance requirement to short a stock to be cash only with zero marginable securities used as collateral. 6. Fine for Naked Short Selling enhanced to 1000% of stock's value
I have invested many years and money to learn about short term and leverage investing. Please at the very least, people who are already investing this way should have the opportunity to be grandfathered in if this great way of investing is to be taking away. My models are based on this form of investing. Overall, the market looks bullish for the first two weeks of May 2022.
SummaryDay trading broadly refers to an overall trading strategy where a customer effects both buy and sell transactions in the same security in the same day to profit from movements in the price of the security. FINRA has had longstanding rules designed to limit the potential losses from day trading for both customers and members, and to ensure the risks of day trading are disclosed to customers
Synthetic Shorts should be reported. Naked shorts are already illegal but with what we've been seeing on AMC and GME stock, and probably many many more stocks that just haven't been scrutinized like these two favorite stocks of mine. There needs to be something done to better make naked shorts "synthetic shorts" no longer performed by more than just a fine. These organizations
Shorting stocks is critical for markets to operate with maximum liquidity. Leverage that is speculation that fuels shorting stocks. Many investors dont have available funds in their trading accounts to short stocks directly. Leveraged shorting allows better gains than otherwise. Please keep inverse leveraged funds available for trading
I understand that short selling is viewed as important to the health of the stock market; however, when it is used to maliciously attack retail investors, it should in no way be legal. The existence of naked short selling remains a recurrent problem for many stocks, AMC and GME being two of the most notorious. If there is even the possibility of naked shorting, shorting should immediately be
Daily short reporting. None of this every 15 days. Also eliminate this T+2 reporting nonsense so others can naked short in the days between. No more illegal malarky. How about any purchased stocks (which can be used now for short ladder attacks) are forced towards covering shorts? Until all shorts are covered by short seller... all purchased stocks can't be sold, they have to be routed to
I currently use inverse ETF's to hedge my retirement stock portfolio. As a result of this hedging during 2022 my portfolio has dramatically outperformed the overall market. I do not find these ETF's difficult to understand as they seem pretty straightforward to me. Please do not take this ability to hedge away from me.
