(a) Quid Pro Quo AllocationsNo member or person associated with a member may offer or threaten to withhold shares it allocates of a new issue as consideration or inducement for the receipt of compensation that is excessive in relation to the services provided by the member.(b) Spinning(1) No member or person associated with a member may allocate shares of a new issue to any account in which an
FINRA,
A little bit of background:
I am self taught in the domain of investment finance. The extent of formal financial education were a handful of economics classes and an accounting class in college. Year to Day, I am beating the S&P500 in my self-directed brokerage account because I taught myself how financial markets work with various resources publicly available.
My comment:
I as
IMPORTANT
PLEASE DIRECT THIS NOTICE TO ALL FINANCIAL AND OPERATIONAL OFFICERS AND PARTNERS
TO: All NASD Members and Other Interested Persons
Since the issuance of Notice to Members 84-48, requests for clarification have been received concerning that portion of the Notice dealing with the treatment to be accorded commissions payable.
After further discussion with the staff of the SEC's
FINRA’s Board of Governors met on March 9 and 10, and it approved a proposal to shorten the securities settlement cycle from two business days after the trade date (T+2) to one (T+1) and approved the allocation of 2022 fine monies to various capital initiatives.
I am fully capable of assessing risks of inverse and leveraged funds. I've used them for years. I have over 35,000 followers on social media, and I help to educate them regularly.
I believe you could inform the public of risks through "warning label-like" statements such as giving examples of how one can rapidly lose money using a leverage fund while the market is
Answers to frequently asked questions regarding FINRA Rule 3310 and AML program requirements.
While I understand the nature of trying to protect investors from themselves on investing in certain investment strategies, the criteria presented as possible restrictions potentially goes too far. Investment knowledge does not always equate to net worth size noting that the greatest generation is passing more and more assets to younger generations including some that have very little investment
REQUEST FOR COMMENT
Regulation of Compensation, Fees, and Expenses in Public Offerings of Real Estate Investment Trusts; Direct Participation Programs, Including Commodity Pools; and Closed-End Funds
Comment Period Expires March 12, 2004
SUGGESTED ROUTING
KEY TOPICS
Legal & Compliance
Operations
Senior Management
Closed-End
Please see below for comments in response to Regulatory Notice 22-08. Thank you for the opportunity to provide feedback. Definition of complex should be objective- if use of derivatives is a criterion it should be applied to all funds that do so. This suggests that more useful criteria would focus on factors like maximum risk of loss, risk of the fund not being able to meet its stated objectives
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend Rule 2165 (Financial Exploitation of Specified Adults) to permit member firms to: (1) extend a temporary hold on a disbursement of funds or securities or a transaction in securities for an additional 30-business days if the member
