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
To whom it may concern:
I believe it is not up to FINRA to decide how to invest my money. I am fully responsible for my actions which includes understanding leverage and inverse funds and the risks that are involved. To regulate that does not hold up to our American definition of Capitalism. Thanks for your consideration.
I fully understand that, action must be done. But I do not think this is the right time to do it. We, must maintain being at the top of the capitalist world. I believe this will severely affect our progress. I encourage a deeper dive on this matter before committing something like this.
Have a great day.
Adolfo Jr. O.
No one should manage my money but me. The risks of these products is spelled out clearly and carry similar risks of other unregulated or loosely regulated products. Where does babysitting consumers end? Adults need to understand consequences of their actions. If you don't understand the risks, hire a professional.
Don't you dare. Keeping people out of opportunity will have radically negative effects. Its not fair or American in any way to restrict the public from obtaining assets they believe in. You can't keep pushing people so far, eventually violent protests or extreme action will occur.
This proposed action is totally unacceptable in a free country. Instituting this policy will demonstrate that this government agency, and therefore this administration, believes in totalitarianism in its truest form. Is this really what you want to do and be remembered for, bringing this beloved country closer to fascism??
Let me spell this out for you:
- In a FREE country, I should be able
What is the point of a regulatory authority if not to enforce rules and protect the consumer? Rules are made for the betterment of society, not as a way to placate the masses of thinly veiled corruption. The best time for action was before 2008. The second best time is right now. Enough is enough.
(a) Procedures for Reviewing Transactions
(1) An Executive Vice President of FINRA's Market Regulation Department or Transparency Services Department, or any officer designated by such Executive Vice President (FINRA officer), may, on his or her own motion, review any over-the-counter transaction involving an exchange-listed security arising out of or reported through a trade reporting
(a) Procedures for Reviewing Transactions
(1) An Executive Vice President of FINRA's Market Regulation Department or Transparency Services Department, or any officer designated by such Executive Vice President (FINRA officer), may, on his or her own motion, review any over-the-counter transaction involving an exchange-listed security arising out of or reported through a trade reporting
IMPORTANT MAIL VOTE
OFFICERS, PARTNERS, PROPRIETORS
TO: All NASD Members
LAST VOTING DATE IS JUNE 3, 1988
EXECUTIVE SUMMARY
NASD members are invited to vote on a proposed amendment to Article V, Section 1 of the NASD Rules of Fair Practice and Section 12(2) of the proposed Government Securities Rules. The amendments would remove the current limitation of $15,000 that a member or person
