Published January 5, 2024.Updated July 10, 2024.*On May 22, 2024,1 the requirements relating to Covered Agency Transactions, as amended pursuant to SR-FINRA-2021-010,2 went into effect. “Covered Agency Transactions,” as defined more fully under amended Rule 4210(e)(2)(H)(i)b., are (1) To Be Announced (TBA) transactions (inclusive of adjustable rate mortgage transactions) with settlement
I do not support restrictions on peoples freedom to invest. While perhaps the intentions are good it is a slippery slope to start restricting trading on certain investments, such as leveraged and inverse trading vehicles. While these funds may indeed have higher risk, so do many individual stocks. Not all companies and their corresponding stocks are equal, people make investment choices all
FINRA is publishing its quarterly OTCBB/OTC Equities High Price Dissemination List for the second quarter of 2020. This updated list of OTC equity securities eligible for trade report dissemination for trades of fewer than 100 shares is effective as of October 2, 2020. To view changes, visit the Daily List: Security Attribute Changes page, select the “Unit of Trades” filter and enter October 1,
I am a private trader/investor. I have been using inverse and leveraged vehicles for many years in addition to more traditional vehicles. I have both made and lost a huge (for me) amount of money in them, but with time and trading experience I have been able to learn to trade them correctly greatly to my advantage. My issue with the proposed regulations is that the present regulatory attempts I
I have held and trade the leveraged Proshares such as TQQQ and UPRO since 2009. They have been important investment vehicle for me and my family. To restrict my right to trade such ETFs is going to great harm to my financial well being. I urge the regulators not to restrict my right to trade these ETFs.
Dear FINRA Regulators, Trading leveraged and inverse ETFs is far less risky than trading options, which only require a special signature with your broker. So why over-regulate these valuable products? There is a large market for these leveraged ETFs, and their accessibility is precisely what makes them more desirable than options. An investor will not trade leveraged ETFs if he is not comfortable
Hi. I understand your concerns. But I believe that using criteria such as tests or high net worth to determine who is eligible to trade securities that are deemed "complex", such as leveraged ETFs, is unnecessary and can actually do more harm than good to my long-term financial security.
I can assure you that I am an active trader and that I know what I'm doing. I am
Dear Sirs,
I have been investing in leveraged securities since 1979 and have never had a margin call. For 20 years, I traded commodities on the Chicago Futures Exchange and held a full-time job as a construction Teamster. I counsel people to not do that. I just wish to make the point that I know how to safely handle leverage, and don't need a hand-holder. I do my own research, having
I strongly object to ANY regulation change affecting my personal choice to trade any/all market vehicles including leveraged funds. I DO understand leveraged fund risk, these funds along with risk also provide opportunity I rely upon. I see new requirements such as forced testing as an infringement on my U.S. FREEDOMS, Freedom of Expression, Freedom of Chance, Freedom of Action. MY individual
Q1. Is a firm required to report on the OBS the market value of underwriting commitments entered into on a “best efforts” basis?
A1. No. Underwriting commitments entered into on a “best efforts” basis are not required to be reported on the OBS.
Q2. If a member firm enters into an agreement with a customer or other party, whereby it commits to lend up to a specified dollar amount, whether such
