It is unethical for regulators to step in and prohibit investors from investing, especially after selling of securities from the feds and congress due to unethical reasons. I oppose this and will pursue the actions needed to seek a fair market.
Finra would be better served finding a way to stop unregulated shorting of many securities in the US markets. This action against Leveraged and Inverse funds inhibits a hedging mechanism that is useful to individual investors.
Freedom to trade in the stock market should not be hindered in order to give others an advantage. Also, trading on uptrends and downtrends should not be hindered since its a natural movement of stock market price action.
I believe that it is every investors right to freely access the entirety of the public investment market without unnecessary restrictions. Your proposed actions only hurt, (not help), the free, fair and open investment markets.
The FINRA Board of Governors will consider the following rulemaking items at its July 2011 meeting. After the July 14 meeting, FINRA will notify firms via email about the Board’s actions on these items and anticipated next steps, if any.
Effective October 16, 2023, FINRA revised Rules 12800 and 12805 of the Code of Arbitration Procedure for Customer Disputes (Customer Code) and Rule 13805 of the Code of Arbitration Procedure for Industry Disputes (Industry Code) relating to the expungement of customer dispute information from the Central Registration Depository (CRD®). These frequently asked questions provide guidance regarding
This rule is no longer applicable. NASD Rule 1010 Series has been superseded by FINRA Rule 1000 Series. Please consult the appropriate FINRA Rule.
A person aggrieved by final action of FINRA under the Rule 1010 Series may apply for review by the Commission pursuant to Section 19(d)(2) of the Act. The filing of an application for review shall not stay the effectiveness of a decision constituting
I want more transparency and greater reporting. I also want more regulation and action by regulatory agencies regarding the coverage requirements related to short interest and FTD.
Government bureaucrats have no authority to infringe on the rights of free, private individual citizens to make financial decisions. Congress needs to take action to shut down regulators like FINRA who overstep their bounds.
The recent market volatility has nothing to do with people buying leveraged or inverse funds. It is the result of Fed actions, world events and mutual fund redemptions.
Please do not make us bear that burden.
