The Crypto Asset Developments topic of the 2024 FINRA Annual Regulatory Oversight Report (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) regulatory obligations and related considerations, (2) findings and effective practices, and (3) additional resources.
As a retail investor, I do not wish to see so-called Complex Products subject to additional regulation. Every major trading platform provides lengthy disclosures about these products. All investors using these products already have the tools necessary to understand them and become familiar with the risks if they so choose. Further restricting access to these products by ordinary investors
I am a retail investor who enjoys testing and using various stock picking strategies for a part of my portfolio. I don't have any professional training in the workings of the stock market. However, I was a math major in college and a computer scientist by trade. I think I know enough to understand the basic concept of a leveraged ETF and/or inverse ETFs. I also use an analytical
As part of its Transparency Services improvement initiatives, beginning in December 2022, FINRA will re- platform the OTC Reporting Facility (ORF) to a new Linux-based operating system. These changes will be implemented in addition to the Trade Data Dissemination Service (TDDS) protocol changes FINRA previously announced. Except for the timestamp changes listed below, all ORF trade reporting
I strongly oppose your these unnecessary regulations on inverse and leveraged etf's. Today's investors are very well informed of these and similar investment vehicles and we do not need your meddling in our choices!
You should be looking into ways to better regulate news driven, high speed algorithmic trading where computers key in on pre programed key phrases and can spike or
On January 31, 2022, FINRA introduced the Participant Data Management System (“PDM”) which firms now use to manage access to the FINRA trade reporting facilities, including TRACE, ORF and ADF. PDM also allows firms to add, view, and modify users of the TRAQS web interface. Firms are strongly encouraged to use PDM to review their TRAQS users on a regular basis to ensure that accounts remain valid
I should be allowed to invest my money however I wish. Retail investors are at disadvantages already due to high frequency trading, hedge funds, etc.. Retail investors already have to make up for so many things out of their control that it is sad. Regulators have insider knowledge, commercial investors can move markets, using financial planners take an unfair cut of investments and make
Comments: As a retired Registered Investment Advisor of 38 years without a single complaint, I highly recommend you NOT change investor's access or ability to trade complex products, including and especially leveraged and inverse ETFs. Retail investor's net purchases of such leveraged ETFs have been rising steadily over the past few years, with the 10-day rolling sum recently exceeding
Good morning, It is my understanding that there are proposed restrictions on individuals using leveraged and inverse ETFs investment instruments. My use of ETFs offer me diversity, liquidity and income. The ETFs invest in a large number of stock which spread risk. The active ones also trade millions of shares per day which offer the ability to sell shares quickly and because of their volume the
Hello, I unequivocally reject the idea that the government needs to further regulate investments by inserting themselves in the decision making process about where and how I invest my money by requiring certain requirements be met prior to investing in a certain fund. This is an egregious abuse of power and contrary to a free market. Restricting leveraged and inverse fund availability to those
