I am vehemently opposed to FINRA trying to impose restrictions on my ability to invest in public investments. As an experienced trader, this type of nanny state is absolutely unnecesary and completely and thoroughly at odds with our capitalist system. We all have the responsibilties and rights to learn about investments and to be able to invest unfettered in publicly traded products. Creating
It is the sole responsibility of the investor to choose securities that meets their assessed risk tolerance. It is the responsibility of the securities and brokerages to accurately publish the risks and potentials for their products. Thus, adding regulations beyond these fundamental purposes skew the landscape to play favoritism and hurt the market. Demanding a test or license or education
TO: All NASD Members and Interested Persons
ATTN: Registration, Training and Compliance Personnel
The subject matter of various NASD qualification examinations has been affected by the passage of the Tax Reform Act of 1984 (the "Act") as well as by recently adopted amendments to certain SEC and NASD rules. The test items affected by these changes have been deleted from the current test
Uninvested cash is a potentially valuable part of your investment portfolio. So it pays to pay attention to it, especially when interest rates move up or down. Understand the facts about your uninvested cash, the different cash management programs available and questions to ask.
The Neutral Corner - Volume 2—2022
FINRA Announces New Web-based System for the Collection of Short Interest Positions
FINRA Rule 5210 (Publication of Transactions and Quotations) prohibits member firms from publishing or circulating, or causing to be published or circulated, any communication which purports to report any transaction as a purchase or sale of any security unless such member believes that such transaction was a bona fide purchase or sale of such security. Firms may, on a discretionary basis, communicate or advertise their trading activity to the market through one or more service providers that disseminate that information to subscribers and the market. Firms that do so must ensure that such information is truthful, accurate and not misleading, consistent with the requirements of Rule 5210.
SUGGESTED ROUTING
Registration
Training
Expanded Sign-In Procedures
Concerns always exist regarding proper identification of candidates who are taking exams and training. A single finger imprint procedure will be added to our sign-in procedure to help address this issue.
Effective February 1, 1996, all candidates taking computerized NASD® exams or Continuing Education Program
I oppose ANY regulation limiting my choice to invest in any product or service of my choice.
We should be able to choose the public investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
We shouldn't have to go through any special process
like passing a test before we can invest in public securities,
like
The use of a combined name on certain public communications to reflect a recent merger of two member firms and create a single global "brand," would not violate the requirement of Rule 2210 that public communications include the name of the member firm.
