Each member shall develop and implement a written anti-money laundering program reasonably designed to achieve and monitor the member's compliance with the requirements of the Bank Secrecy Act (31 U.S.C. 5311, et seq.), and the implementing regulations promulgated thereunder by the Department of the Treasury. Each member's anti-money laundering program must be approved, in writing, by a
More transparency in short positions is necessary for a fair market. There are currently too many methods of obscuring the real short interest of certain securities which creates an unfair environment for retail investors. FINRA should make more information about short sales public as well as investigate further into how synthetic shares are being created and hidden.
Distributed Denial of Service (DDoS) Attacks on Member Firms
FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy. I understand FINRA is attempting to create a fairer and transparent market but without strict reporting policies in place you
This regulation is unnecessary. I take care of my own finances and have for many years now. I am informed and knowledgeable. Just because I dont have a high next worth, why am I considered any less capable than someone who does. Further, a law like this is unclear and arbitrary. Who gets to decide what constitutes a complex produce? Again, this is just unnecessary.
I, and most, people who currently invest have a wealth of information available to them, in addition to close relationships with brokers and advisors. No amount of the governmental control you propose will add much to mitigate what you may perceive as inequities or irregularities in investing. I feel you would best spend your time and resources monitoring adherence to current laws and regulations
The United States possesses a free market. It is up to investors to be well informed and understand the investment choices that they are making. Restricting investments from investors based on specific criteria is a way of controlling or manipulating markets and is not ethical. What is being considered is not ethical. Stop trying to make our free markets restricted. All investors should have the
Regulators, Leveraged ETFs are important to my investment strategy and ability to tailor my investments to my risk tolerance. I use leveraged and invers ETFs for efficient hedging and speculation based on my analysis. Restricting free access to these instruments means infringing on my rights to manage my investments without outside intervention and will be an absolutely stupid policy that will
Required labeling and disclosure of a fund's use of leverage and inverse strategies is sufficient information for the majority of investors. Regulatory focus should be on the transparency of the labeling and the sufficiency of the disclosure required of these funds. Ultimately, government cannot protect a person from his/her poor judgement, hubris, or greed; a person bent on failure
The regulations you are suggesting imply that only an elite class of investors are capable of making informed choices about their personal investments. I take offense to that as I believe that I am sufficiently intelligent to make my own risk assessments and investment decisions. And if Im not, I have no one to blame but myself. Investors dont need FINRA limiting our investment options under
