FINRA Announces Update of the Interpretations of Financial and Operational Rules
FINRA Requests Comment on Proposed Consolidated FINRA Rules Governing Financial Responsibility and Operational Requirements
FINRA Announces Updates of the Interpretations of Financial and Operational Rules
As a former FINRA RIA, I have demonstrated the requisite qualifications to sell capital markets products to my customers. Gauging an individual investor's suitability based on net worth is not only misguided, it's also insulting. I should be able to invest in whichever product I deem appropriate. Particularly at a small amount. Without some bureaucrat's input who knows nothing
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
FINRA Announces Updates of the Interpretations of Financial and Operational Rules
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
Regulation T and SEA Rule 15c3-3 Extension of Time Requests Under a T+1 Settlement Cycle
K CAPITAL LLC805 THIRD AVENUE, FLOOR 14, NEW YORK, NY 10022K2 CAPITAL ASSET MANAGEMENT, LLC150 MOTOR PARKWAY SUITE 228, HAUPPAUGE, NY 11788KA ASSOCIATES, LLC2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES, CA 90067KADENWOOD CAPITAL, LLC250 PARK AVENUE 7TH FLOOR, NEW YORK, NY 10177KAHN BROTHERS LLC555 MADISON AVENUE, SUITE 1303, NEW YORK, NY 10022-3301KAL CAPITAL MARKETS LLC3738 BAYER AVENUE
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
