TO: All NASD Members and Other Interested Persons
ATTN: Operations Principal, Cashier, Buy-in Personnel
EXECUTIVE SUMMARY
Last Date for Comments: October 1, 1986.
The NASD Board of Governors is circulating for comment a proposed amendment to the Uniform Practice Code, Section 59, Close-Out Procedure; Buying-in. It would require that buy-ins returned by a clearing corporation to a broker be
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Executive Summary
Securities and Exchange Commission (SEC) Rule 15c6-1, which establishes three business days as the standard time period for settling transactions in most securities (T+3), is effective June 7,
I have been trading leveraged stock funds and I dont believe they need any additional education than a regular stock.
Cryptocurrencies are as important to the economy as the stock market. Anyone who can have a stock portfolio should be able to buy cryptocurrencies.
Learn how to submit a Form BR amendment related to the Residential Supervisory Location (RSL) rule. In this short video (2:02 minutes), FINRA demonstrates a scenario for an existing branch that was previously filed with FINRA, the NYSE, and a state, but is now an RSL for FINRA and the NYSE, but not with the state.
As an stock market investor for many years, I have invested in a broad range of products including leveraged and inverse funds. I am well aware of the additional risks when added to my stock portfolio. Having the continued right to choose these products maintains my freedom to invest in public securities. Today, I use ETFs as a hedge in these volatile markets. I hedge to enhance my returns
Its very strange in the timing of all this potential regulation, as the stock market is crumbling around us. Limiting the average person the ability to bet against the sp500 and profiting off of other peoples greed. I think inverse stocks are being attacked by regulators (ie Politicians) because they dont want the common person to profit off such a major impending stock market crash. Ill continue
While more reporting around Short Interest Positions is to be encouraged and applauded, unless the market "plumbing" that allows failures-to-deliver to continue in perpetuity is also addressed, these changes will not solve the underlying problem. Address short interest reporting AND the failures-to-deliver problem if you really want to fix this issue.
If I have the money to buy shares then I deserve the right to buy it. Besides its the stock market has people buying and selling all the time without any discrimination. So what are you going to say, "Oh the stock market dose not allow people from the LGBTQ community, or of certain race / nationality of people, to do stocks and/or bonds because we wont to keep only the right kind of people
Please implement the following amendments: (1) modifications to its short interest reporting requirements (Rule 4560); (2) a new rule to require that participants of a registered clearing agency report to FINRA information on allocations to correspondent firms of fail-to-deliver positions; and (3) other potential enhancements related to short sale activity.
