This is copy and pasted from a Reddit post but outlines exactly what I want to see to ensure all the cards are on the table. I also want something done about payment for order flow and people like Robinhood being able to sell me shares for more than NBBO. Rule 1. All short sale shall be reported to finra by end of each settlement day. Rule 2. Finra shall make public report the day to day short
NASD Rule 2210 - Communications with the Public
I oppose this ruling as a retail investor because I have responsibly been trading leveraged funds for multiple years without additional risk. I feel this ruling imposes totalitarian control on my money and limits my freedom as a private citizen. If this ruling isn't stopped now, additional constraints on investing for the normal populace will continue to be incurred without reason.
Proposed Rule Change to Amend FINRA Rule 12403 of the Code of Arbitration Procedure for Customer Disputes to Simplify Arbitrator Selection in Cases with Three Arbitrators
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) proposed amendments to FINRA Rules 2111 (Suitability), 2310 (Direct Participation Programs), 2320 (Variable Contracts of an Insurance Company), 2341 (Investment Company Securities), and 5110 (Corporate Financing Rule – Underwriting Terms and Arrangements), and
The NASD, through its wholly owned subsidiary, NASD Regulation, Inc., has filed a proposed rule change to amend NASD Rule 2260 to conform to Rules 451 and 452 of the New York Stock Exchange and Rules 576 and 577 of the American Stock Exchange by permitting members to give proxies in absence of written instructions from beneficial owners in certain circumstances.
SEC proposed rule s7-7-24-15 would create an environment would remove the abilities to protect long term investments through a short term volatile environment. The rule would ultimately create additional volatility in the equities markets by eliminating the open access to inverse funds to the open market. I strongly recommend against adopting this rule.
SEC Approves Amendments to Require Firms to Identify Transactions with Non-Member Affiliates in TRACE Trade Reports
SEC Approves Rule Governing Sales of Securities on Military Installations to Members of the U.S. Armed Forces or Their Dependents
Financial Industry Regulatory Authority, Inc. ("FINRA") (f/k/a National Association of Securities Dealers, Inc. ("NASD")) is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend NASD Interpretive Material (IM) 2110-2 (Trading Ahead of Customer Limit Order) and NASD Rule 2111 (Trading Ahead of Customer
