-Short positions should be reported on 13F's just like any other positions. -13F's should be updated daily. -Huge penalties for breaking the rules should be strictly enforced. The penalty should be at least double whatever the institution made from breaking the rule. If you continue to fine at an insignificant rate compared to the gains achieved by breaking the rules you are simply
This is copy and pasted from a Reddit post but outlines exactly what I want to see to ensure all the cards are on the table. I also want something done about payment for order flow and people like Robinhood being able to sell me shares for more than NBBO. Rule 1. All short sale shall be reported to finra by end of each settlement day. Rule 2. Finra shall make public report the day to day short
Summary
FINRA has adopted amendments to Rule 6730 (Transaction Reporting) to require members to append a modifier to a corporate bond trade that is part of a portfolio trade when reporting to FINRA’s Trade Reporting and Compliance Engine (TRACE). The amendments to Rule 6730 will take effect on May 15, 2023.
The amended text of the rule is set forth in Attachment A.
Questions regarding this
1) What is the single most neglected area in the field of investor education? How might this area be developed? ANSWER: While the barrier of entry to investment markets is lower than ever with online low cost trading platforms, etc. - the technical knowledge required to make informed corporate investment decisions, creates a huge barrier to the average investor. A single most neglected area is
FINRA is a self-regulatory organization for member broker-dealers that is responsible under federal law for supervising our member firms. Transparency is critical to our work and ensuring trust and confidence in the markets. The statistics below represent just some of the work we do to carry out our mission. The data present just part of the overall picture. The number of formal
Please note my comments as below: Rule 1. All short sale shall be reported to finra by end of each settlement day. Rule 2. Finra shall make public report the day to day short sale by end of settlement day or the trading week. Rule 3. All unused loaned shares shall be reported to finra by end of settlement day. Rule 4. Finra shall make public the outstanding unused loaned share by end of
Finra 21-19 is a change that is long overdue to the short reporting systems that have plagued the United States capital markets for too long. The institutions that have the ability to misrepresent their short exposure and subsequent effect on the markets is not only damaging to the retail Investor but the markets as a whole. The changes implemented in Finra 21-19 are not only a step in the right
On this episode, we delve into the results of FINRA's targeted review of certain member firms and their communications to retail investors regarding crypto products and services.
I oppose restrictions on investing in public investments. My broker warns me that some are not suitable for long-term investments, and I heed my broker's advice. I have years of experience trading stocks and options and know the risks of what I am investing in. We have enough regulations especially in the stock and options areas. So, respectfully, let us act like the adults we are.
I think it makes trading not fair and leveled for all people, if you limit trading leveraged etf, for having a certain amount of money and needing cooling time,
Warnings that we accept should be enough for ppl to know the risks.
And most ppl learn stocks from their own unofficial sources and making official curriculum, will make it hard for people with other jobs to invest in stocks
