This rule is no longer applicable. NASD Rule 1010 Series has been superseded by FINRA Rule 1000 Series. Please consult the appropriate FINRA Rule.
This interpretive material concerns the types of business expansions that will not require a member to submit a Rule 1017 application to obtain FINRA's approval of the expansion. This safe harbor applies to: (1) firms that do not have a
Regarding your published intent to consider regulating investments in leveraged investments. I oppose any all actions you may consider that would restrict my ability to choose which financial products I may choose as investment tools.
Why would you regulate this now??
How could your actions be fair?
Im an educated adult. I shouldnt need a license to trade in funds or.you should make ALL investments (especially crypto) require a trading license!!
Please reconsider this action. There are enough safeguards and warnings in place currently. The issuers are really good about letting the buyer know how these work, and risks involved. They are an important part of my trading strategy.
Thank you for your consideration.
Every investor should have the right to purchase whatever they want. Risk is solely the responsibility of the investor and not a regulatory body in a democratic and capitalistic society. Further action such as these are further proof that the US financial system is rigged in favor for the elite and top 1%.
I wish to object to the actions that FINRA is in the process of adopting. I have been trading this type of vehicle for the last 15 years or more and have found no reason that your requirements are meaningful. I request that you make no changes to the current trading rules!
I reject your intrusive attempts to stop investments into leveraged and inverse ETFs. Stop treating investors as if they have no understanding. It's patronizing and demeaning, and it's not who you are. Lead by positive action to create more choices in the market....not less.
Reiterating what another commenter said: “ The proposed amendment to FINRA 4560 is a laughable attempt at improving naked short selling internal control measures, actual regulatory action, or really any kind of further obligation on the part of the involved broker-dealers. There have been hundreds if not thousands of regulatory "actions" taken by FINRA related to short sale, and
The proposed amendment to FINRA 4560 is a laughable attempt at improving naked short selling internal control measures, actual regulatory action, or really any kind of further obligation on the part of the involved broker-dealers. There have been hundreds if not thousands of regulatory "actions" taken by FINRA related to short sale, and misreporting/misclassification of shorts. This
The proposed amendment to FINRA 4560 is a laughable attempt at improving naked short selling internal control measures, actual regulatory action, or really any kind of further obligation on the part of the involved broker-dealers. There have been hundreds if not thousands of regulatory "actions" taken by FINRA related to short sale, and misreporting/misclassification of shorts. This
