INFORMATIONALAmendments to the Corporate Financing RuleEffective Date: March 22, 2004SUGGESTED ROUTINGKEY TOPICSLegal & ComplianceOperationsSenior ManagementBridge LoansCompensation LimitationsDerivativesInvestment BankingRule 2710Rule 2810Venture CapitalExecutive SummaryOn December 23, 2003, the Securities and Exchange Commission (SEC) approved amendments to Rule 2710 (Corporate
TLDR. I got an idea, instead of pretending the stock market is not a casino under house rules FINRA should explain the house rules in a 1 page document that everyone can read. The rules should include which parties can naked short sale with ridiculous margin on which stocks, which stocks will permanently cyclically fail to deliver and why, and why the DTCC has an obligation warehouse that the
While the financial industry does need strong oversight, this rule is too restrictive. I oppose this rule and feel like it will result in fewer alternatives for investors. The ability to use leverage can certainly increase or decrease returns substantially. I want the ability to take advantage of leverage.
Regulation needs to be imposed on companies and corporations NOT individuals. The accredited investor rules are not only insulting to lower income people but prohibit them from obtaining wealth. These rules favor the rich and punish the poor. They are unfair and geared toward corporate America verses American citizens!
Shelf Offering Amendments
Proposed Rule Change to Adopt FINRA Rule 4517 (Member Filing and Contact Information Requirements) into the Consolidated FINRA Rulebook
Please do not impose this rule. This leaves only wealthy investors to take part in opportunities with these funds. Investors know there are risks inherent with investing, especially in leveraged funds. This new rule will hurt investors, not help them. I strongly urge you to reconsider. Thank you.
Preliminary Note: FINRA recently adopted enhanced confirmation disclosure requirements for corporate and agency bonds.
Proposed Rule Change Relating to Capital Acquisition Broker Rules 203 (Engaging in Distribution and Solicitation Activities with Government Entities) and 458 (Books and Records Requirements for Government Distribution and Solicitation Activities)
FINRA Requests Comment on a Revised Proposal Regarding the Consolidated FINRA Rules Governing FINRA’s Membership Application Proceedings
