Investors are already aware of the risk that these funds bring. Why limit access? If the goal is to prevent people from not understanding the consequences of their actions, create a warning that brokers must display before purchasing these kinds of investments - don't limit investors from access to funds we love!
I am an educated adult who can make my own choices about what investments I make. I DO NOT need the government to tell me what to invest in, what not to invest in or be involved in any way in regulating leveraged or inverse funds.
I vehemently disagree with this proposed action
I approve of these actions. Especially, naked call selling with high amounts of volume. This practice is know as synthetic shorting. Its used by funds to drive down price on higher speculative stocks. All information on this info should be accessible to all.
TO: All NASD Members and Interested Persons
Attention: Compliance and Registration Personnel
This notice is intended to remind members of the importance of compliance with state registration requirements. A number of state securities administrators have been vigorously enforcing state registration requirements with respect to broker-dealer registration, individual salesmen registration, and the
FINRA reminds ORF and TRACE clients that test function partners should be arranged with other street-side firms when needing to conduct trade matching, new trade entries or allege versions of cancels/corrections and reversal transactions in the Nasdaq Test Facility (NTF) region.
Comment Period Expires August 31, 1993
SUGGESTED ROUTING
Senior ManagementInstitutionalLegal & ComplianceSyndicateSystemsTrading
Executive Summary
As part of its ongoing efforts to ensure investor protection and enhance market quality, the NASD® Board of Governors, at its July 16, 1993 meeting, approved issuance of a Notice to Members soliciting comment on its action to
INFORMATIONAL
NAC Nominations
Nomination Deadline: September 15, 2000
SUGGESTED ROUTING
KEY TOPICS
Legal & Compliance
Senior Management
National Adjudicatory Council
Executive Summary
The purpose of this Special Notice to Members is to advise members of the nomination procedures to fill three upcoming vacancies on the National Adjudicatory Council (NAC). The
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
FINRA has resolved the issue with ORF transaction messages delivered via FIX and TRAQS. The issue was caused by a trade processor experiencing systemic disruption, resulting in queueing of transaction reports in certain symbols. All queued messages have been processed, and no further action is needed from firms.
Contact FINRA Market Operations with questions regarding this notice.
You have no right to infringe or limit my investment choices in leveraged mutual funds, like the Ultra ProFunds and the Inverse ProFunds, and I have invested in these for 20+ years; Or why are you attempting to limit the profit that a middle-class Electronics Engineer can make? I find your actions despicable.
