Prohibiting individuals from buying inverse and leveraged finanical products will greatly hinder the ability of invidual investors to implement an investment strategy that they have deemed to be in their best intertests only to benefit large finanical institutions and it's un-American. I strongly oppose this action.
Rule Filing Status As Of December 3, 1996
NASD Rule Filing Status
Following is a list of rule filings by the NASD regarding broker/dealer regulation that are pending at the Securities and Exchange Commission (SEC) or recently approved. The information set forth below is current as of December 3, 1996. Copies of rule filings (and any amendments thereto), the SEC release publishing the rule
SUGGESTED ROUTING*
Senior ManagementLegal & ComplianceTrading
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On May 1, 1990, the SEC approved an amendment to Schedule H of the NASD By-Laws to require member firms to file specified information with the NASD before initiating (or resuming) a quotation of a non-NASDAQ over-the-
I am aware of the complexities of leveraged funds.
There are risks and rewards associated with any investing, be it gold or a simple soap.
Investing in the open markets should be voluntary and free of restrictions.
Regulations should closely monitor the fraudulent promoters of dubious ponzi schemes and other such actions.
This is an important step in the right direction. I personally think more needs to be done. However, these are some solid and great steps. I fully support the proposed in regulatory notice 21-19. Thank you for your time, attention, and actions on these matters!
Once again the government wants to protect us from ourselves. That should not be the role of government to treat us like we cannot make decisions for ourselves.
We should have the freedom to make our own choices and accept the consequences of our actions.
If a fine doesn’t drive change then it’s just a fee. The fine’s need to be prohibitively expensive. Leaders of organizations need to also face criminal prosecution. I feel recent blatant market manipulation demands immediate action.
To the Financial Industry Regulatory Authority:We appreciate that FINRA is soliciting comment on how to modernize its regulatory framework in light of workplace evolution and technological change. While the opportunity to provide feedback is welcome, the timing of this initiative, coinciding with shifting political winds and broader deregulation narratives, raises serious concerns. There is a
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
I belive that I as an adult should have the ability to take responsible for my own action. As result, I should not be limited my investment strategy. It is also important that I can take portion of investment to use leverage and inverse funds to hedge or enhance my investment.
Best regards,
