The new reporting has some very good aspects. The problem is that they will be enforced by fines in the tens of thousands of dollars, when breaking them will result in millions of dollars in profits. The penalties need to be strong enough to stop the actions, and should include loss of privileges as market maker, or broker.
Comments: I as an investor am using leveraged ETF's to hedge against the risk. FINRA should not just block individuals from accessing these ETF's and leave them accessible to hedge funds and mutual funds and other large investment.
Such suggestion is simply an action against small individual investors who wants to carefully manage their risk.
Individual investors are at a massive disadvantage compared to institutions. Do not impose additional restrictions that hurt the everyday citizen. Restrict congress' ability to trade, not mine.
I will vote against any candidate that supports these restrictions. This is my number 1 issue. I plan on living on my investments someday and your actions are impacting my ability to do so.
Inverse ETFs that have positive returns when the overall market is down is absolutely vital to hedging an investment portfolio, especially given the recent market declines. These investments should not be restricted to a privileged few but should be made available to all the public. I heartily oppose any legislative action to restrict the right to make this kind of investment.
Writing new rules is equal to nothing but [REDACTED] until such rules are enforced. Collecting data is equal to nothing but an empty action until such data is used in a way to enforce the rules. Regulatory bodies have failed miserably in terms of keeping the market fair and transparent for all participants.
I have a small portfolio of buy and hold individual stocks and bond funds. To balance my market risk, I always keep several investments that tend to move opposite of the general market. I strenuously object to any government action to remove my ability to protect my investment in a down market without selling my portfolio
I would like to freely be able to invest my hard working earned money in any trust that I find suitable to my and my familys future. If Im taking a risk I would like to be the responsible person to be able judge my actions based on that without the interference of any other entities dictating to me where to invest.
Summary
The purpose of this Election Notice is to (1) notify members of an upcoming election to fill two large firm seats and one mid-size firm seat on the National Adjudicatory Council (NAC); (2) announce the FINRA Nominating & Governance Committee (Nominating Committee) nominees for these vacancies; and (3) describe the procedures to be included as an additional candidate on the ballot
The Cyber and Analytics Unit (CAU) within FINRA’s Member Supervision program is highlighting recent updates to the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) 2.0, which is a resource designed to help organizations manage and reduce cybersecurity risks, regardless of their degree of cybersecurity sophistication.
The ability to protect myself, my investments and thus my ability to survive freely is a constitutional right. Economic manipulation to the negative impact upon free people is enslavement. To the freedom of the American people such an action done from the inside is treason and when done from the outside is an act of war. Do you want to harm the American people?
