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Publication Date: August 11, 2025Interpretations are marked in blue background beneath the rule text to which they relate. 15c3-3aExhibit A - Formula for determination of customer and PAB account reserve requirements of brokers and dealers under § 240.15c3-3 CreditsDebits 1.Free credit balances and other credit balances in customers' security
I have been trading in Leveraged and Inverse ETFs (TQQQ, SQQQ, and similar instruments for DOW and S&P500) for over 3 years. I use these instruments as part of my overall investment strategy to hedge and smooth my investment returns, but they only represent a small fraction (1-2%) of my total portfolio. I do not believe that any special knowledge is required to buy/sell these
I have been in the market for almost 5 years now, but really started this year to learn the ins and outs of the so called “free” market. I’ve never seen such negligence by MM, Hedge funds, and the sec. yes my own government has utterly let me down. What are actual numbers on short interest of so called meme stocks. How does upwards of 60% go through dark pools that I have zero knowledge of. This
All of that should already be in place. Synthetic shorts are an illegal practice anyways, so reporting them would just oust the form doing them thus implicating them in a crime. But yes they should be reported; As the amount of synthetic shares could and most like does in fact dwarf the actual share count of a particular stock if the hedge funds are trying to bankrupt them. Examples being
If FINRA and all other market regulatory agencies are going to start focusing more attention on keeping retail from burning themselves when they appear powerless to do the same for MMs, prime brokers, reckless hedge funds, and conglomerates that have against all common sense and reason been allowed to become all of these things under the same umbrella with apparently no oversight, not to mention
We can start with better transparency. The simple fact is that there are systemic issues with the creation of shares to borrow based on future volumes, failures to deliver, and shorting in general. While appreciated, and needed, the solutions to these do not lie in the resolution of transparency alone. Removing the capability to generate future transactions to borrow from, use for offsetting
I am very troubled upon hearing FINRA is considering limiting or stopping many investors from being able to invest in inverse funds. You cannot short stocks in an IRA so inverse funds are one of the main ways you can still make some investment income when the market is dropping. Why are you continuing to divide the majority of investors from the elite and large investors that can do almost
I believe, as a retail investor who wants to keep investing in the future, the more transparency we have in the markets the better. Wanting a level playing field is well within reason, and shorting companies into the ground to kill them off is wrong, I don't think that will change but some of the other predatory practices and illegal tactics that have been uncovered are worrisome to say the
You would be limiting peoples ability to hedge long only investments (bonds & stocks).
Creates over inflated valuations if you limit us to long only investing.
For those of us who have inverse or leveraged ETFs, will you force us out of them, & if so, that would likely force us to unwind at levels we do not wish too.
Think back to when they halted trading in the short vix
