• Borrowing From or Lending to Customers—Failure to Comply With Rule Requirements
• Churning or Excessive Trading
• Communications With the Public—Late Filing; Failing to File; Failing to Comply With Rule Standards or Use of Misleading Communications
• Customer Account Transfer Contracts—Failure to Comply
(a) Supervisory SystemEach member shall establish and maintain a system to supervise the activities of each associated person that is reasonably designed to achieve compliance with applicable securities laws and regulations, and with applicable FINRA rules. Final responsibility for proper supervision shall rest with the member. A member's supervisory system shall provide, at a minimum, for
FINRA is providing these Frequently Asked Questions about its 529 Plan Share Class Initiative (the “Initiative”) in response to a number of inquiries it has received from firms and trade associations. In order to allow firms sufficient time to consider the additional information provided here and to provide firms more time to review their supervisory systems and procedures with respect to 529
We as retail investors need to know what is going on in the dark pool. Also, we need to know which institute has what short and the action they took can cause the short effect.
Al actions happening in the market should be available for everyone investing. There should be no dark pool that doesn't show up on the public exchanges. All short positions should be available to the public on a daily basis.
(a) Applicability
The hearing procedures under this Rule shall apply to a member, person associated with a member, person subject to FINRA's jurisdiction or other person who is served with a notice issued under the Rule 9550 Series and who timely requests a hearing or who is served with a petition instituting an expedited proceeding under Rule 9556(h). For purposes of this Rule, such
This is such an asinine regulatory action.
Let investors make their own decisions.
Regulations dont stop gamblers from gambling in casinos.
So regulations shouldnt stop people from actually developing and using complex investment strategies and complex investment products.
I question your intent to control my actions with investments.
There are voting restrictions, family planning restrictions AND now some regulator is considering making investment choices FOR ME. Do I know what I am investing in?
GET OUT OF MY PORTFOLIO CHOICES.
I strongly oppose restrictions on my trading accounts. Why would you do this? I have been trading these vehicles for years. You may well be opening yourselves up to class action lawsuits.You would be interfering with peoples ability to earn a living.
This proposal is an example of the excessive paternalism and unwanted protection from all ills that we are seeing imposed on too many of our private actions and decisions. Please put your resources into fighting fraud rather than the legal behavior of sovereign citizens.
