SUGGESTED ROUTING:*
Senior ManagementLegal & Compliance*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Securities and Exchange Commission has approved amendments to the Interpretation of the Board of Governors — Forwarding of Proxy and Other Materials, Article III, Section 1 of the NASD Rules of Fair Practice to require NASD
SUGGESTED ROUTING
Senior Management
Continuing Education
Legal & Compliance
Training
Executive Summary
On February 8, 1995, the Securities and Exchange Commission (SEC) approved Rule 1120 (formerly Schedule C, Part XII of the National Association of Securities Dealers, Inc., By-Laws) of the NASD® Membership and Registration Rules, which prescribes requirements for
Effective November 11, 2008, the requirements in NASD Interpretive Material (IM) 2110-2 (Trading Ahead of Customer Limit Order) apply to over-the-counter (OTC) equity securities, as defined in NASD Rule 6610(d).
FINRA Requests Comment on Proposed Amendments to FINRA Rule 4210 for Transactions in the TBA Market
Unless otherwise indicated, suspensions will begin with the opening of business on Monday, September 16, 1996. The information relating to matters contained in this section is current as of September 5, 1996. Information received subsequent to September 5, 1996, is not reflected in this section.
Firm Expelled, Individual Sanctioned
Banc Street Securities, Inc. (Milwaukee, Wisconsin) and Gerald
As an investor in leveraged ETFs, I oppose adding additional requirements to be able to invest in them. There are already very aggressive warnings against investing in leveraged ETFs on the brokerage sites that I've used (specifically Fidelity and Schwab). These extra warnings informed me that these products are not suitable for most investors and made you acknowledge that these
Its interesting to see how FINRA favors "big money", who causes most of the chaos and wide market swings, over those of whom are considered the (retail investor). Every prospectus lists the risks associated with the particular stock or fund, stating "Investor beware", yet FINRA considers margin and option trading less riskier. Regulators tend to pick the
Please please please FINRA, please do not restrict me and my family from investing in leveraged and inverse funds. I am now making very nice profits due to these particular stocks / funds. I understand the risk involved and feel I should not have to go through passing a test or any other special process in order to invest in these public securities. They provide me the security with hedging my
Dear FINRA,
Public leveraged securities should be made available to the public at large without any special testing, endorsements or requirements. While I can appreciate that you are looking out for the novice investor, these ETFs (just like *any* ETF) are managed by managers who are FAR MORE FAMILIAR WITH THE MARKET than I am! Thats why they earn a management fee. I love the S&P and
As to the warning I received from ProShares concerning a radical and unprecedented threat by regulators that could affect my right to buy dozens of popular public investments, including leveraged and inverse funds, it is my opinion that these products have, in fact, helped to level the playing field for the individual investor, and therefore, provide the balance, at this moment in time, required
