regarding the potential further restriction of leveraged ETFs : an investor does not him/herself borrow money to invest in a leveraged ETF, they simply buy it as they would any other security like a stock or bond. I personally invest in leveraged ETFs that track broad indices such as the S&P 500. Although these will be volatile, as they are levered, it is HIGHLY unlikely that they'd
Why is it that the government thinks they know what's best for me and I don't. In a country that is rapidly losing the basic freedoms promised to us, now you want to take away my financial freedoms. Inverse funds help me protect capital during periods of turmoil, high inflation, geopolitical risks, and government overspending, to name a few. Leveraged funds allow me to hedge my
Many people prepare for the inevitability of death by creating wills or trusts, spelling out instructions about medical care through advance directives, and naming beneficiaries on retirement accounts. Sometimes overlooked in estate management is the transfer of securities that are in a non-retirement brokerage account, aspects of which can be planned ahead of time.
Publication Date: February 23, 2023
Interpretations are marked in blue background beneath the rule text to which they relate.
15c3-1g Conditions for ultimate holding companies of certain brokers or dealers (Appendix G to 17 CFR 240.15c3-1).
As a condition for a broker or dealer to compute certain of its deductions to capital in accordance with § 240.15c3-1e, pursuant to its undertaking, the
K CAPITAL LLC805 THIRD AVENUE, FLOOR 14, NEW YORK, NY 10022K2 CAPITAL ASSET MANAGEMENT, LLC150 MOTOR PARKWAY SUITE 200, HAUPPAUGE, NY 11788KA ASSOCIATES, LLC2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES, CA 90067KAHN BROTHERS LLC555 MADISON AVENUE, SUITE 1303, NEW YORK, NY 10022-3301KAL CAPITAL MARKETS LLC3738 BAYER AVENUE SUITE 103, LONG BEACH, CA 90808KALORAMA CAPITAL, LLC1718 22ND ST NW,
W CAMPION CAPITAL LLC3401 N MIAMI AVENUE, SUITE 230, MIAMI, FL 33127W G SECURITIES, LLC1764 LITCHFIELD TURNPIKE, SUITE 250, WOODBRIDGE, CT 06525W&S BROKERAGE SERVICES, INC.400 BROADWAY, CINCINNATI, OH 45202Mailing Address: 400 BROADWAY, MS-03, CINCINNATI, OH 45202W.G. NIELSEN & CO.3200 CHERRY CREEK DRIVE SOUTH, SUITE 470, DENVER, CO 80209WACHTEL & CO., INC.1701 K
Regulation T and SEA Rule 15c3-3 Extension of Time Requests Under a T+1 Settlement Cycle
FINRA Announces Updates of the Interpretations of Financial and Operational Rules
SUGGESTED ROUTING:*
Senior ManagementInternal AuditLegal & Compliance*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Securities and Exchange Commission (SEC or "the Commission") has issued Release No. 34-28927, adopting amendments to Rule 15c3-1 (the "Rule") with respect to withdrawals of net capital. The
Market are only efficient when investors have the choices and the ability to invest in all asset classes. Limiting individual choices on major asset classes would only make the capital markets more risky and encourage individual to take on riskier positions.
