Regulating the stocks and investments the average American can invest in is the most asinine ideas I have ever heard. The fact that in order to trade a "complex product" I would need to take test and read certain materials, be wealthy, and get special approval from a broker is the worst form of gatekeeping. Not only would you be stopping a large amount of people from investing in
Dear FINRA, If you change the rules so late in the game it's not fair. It's not fair for investors and even more so for those already invested. If investors can't buy it, how on earth am I going to sell it? I have losses so I am not even going to profit just get back where I was. Somebody got that money I paid; don't I have the right to get it back? It works both ways...you
This REEKS of corruption by the FINRA!!! There is no one out there that FULLY understands every aspect of the stock market, Doctorates (multiple) or none. The market is simple principals that work either on an ETF or common stock. There is not a single stock that is 100% guaranteed to make a profit, some are much more riskier than others. The FINRA should not be Wall Street’s thug enforcer, but
Firm Also Failed to Maintain Supervisory System, Report Customer Complaints
WASHINGTON—FINRA announced today that it has fined Webull Financial LLC $3 million for not exercising reasonable due diligence before it approved customers for options trading; not maintaining a supervisory system reasonably designed to identify and respond to customer complaints; and not reporting certain written
FIA PTG Principal Traders Group 2001 K Street NW, Suite 725, Washington, DC 20006 | Tel +1 202.466.5460 March 8, 2023 Jennifer Piorko Mitchell Office of the Corporate Secretary FINRA 1735 K Street, NW Washington, DC 20006-1506 Re: Regulatory Notice 15-13: Trading Activity Fee (TAF), May 5, 2015 Dear Ms. Mitchell: The FIA Principal Traders Group (“FIA PTG”) 1 appreciates the opportunity to comment
SummaryEffective January 1, 2025, Historical CAT Cost Recovery Assessment 1 will no longer be in effect for transactions in eligible securities executed by FINRA member CAT executing brokers.Questions regarding this Notice may be directed to:Amanda Rath, Associate Director, Finance, at (240) 386-6637 or email; orFaisal Sheikh, Assistant General Counsel, Office of General Counsel
Please let us continue to utitlize inverse etf's, these are essential to protecting my retirement nest egg as we go through periods of volatility in the market. I use them to hedge my positions in stocks without having to sell any stocks and incur long term gains or excessive trading of those assets in ira accounts.
Buying these funds isn't any different from investing in high beta stocks, and I'd argue it's actually safer than doing so by focusing on a basket of stocks in a certain sector than only one. It's also safer than trading options, which is what people will be forced to do if they can't trade leveraged ETFs.
Dark Pools are becoming an overwhelmingly corrupt and manipulative way for large companies to affect market prices, especially of influential stocks. There should at least be some kind of volume threshold; when 70 percent of one stocks volume is going through dark pools, that's a huge problem.
Thankfully, we have enough historic data to narrow the amount of possible solutions to the short interest reporting problem. In my view, there are only 2 solutions that will restore integrity in the markets and ensure future stability; 1) Make the ENTIRE system transparent (yes, every trade!) and provide free real-time data to everyone...Result: All market participants can help police the market
