To whom it may concern, Although regulations within a society are important, I disagree with regulators limiting an individual's ability to choose publicly traded investments. Leveraged and inverse funds carry increased risks, but it is an individual's right to invest in them. As an individual, I am perfectly capable of understanding these types of funds, however, if I choose to invest
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Senior ManagementInstitutionalLegal & ComplianceMunicipalOperationsSystemsTrading*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On November 9, 1992, the NASD® submitted rule proposals to the Securities and Exchange Commission (SEC) regarding quotation and transaction reporting requirements for members trading
State and national securities regulators and legislators came together on November 6, 2019 in Gaithersburg, MD to talk to area savers and investors about how to make informed investment decisions and to protect their retirement savings from fraud. Hear from FINRA Foundation President, Gerri Walsh, about how Marylanders are doing with their finances.
No member or associated person shall condition or seek to condition settlement of a dispute with a customer on, or to otherwise compensate the customer for, the customer's agreement to consent to, or not to oppose, the member's or associated person's request to expunge such customer dispute information from the CRD system.
Adopted by SR-FINRA-2014-020 eff. July 30, 2014
Comments: I find the recent discussions about leveraged funds silly. It's been discussed in detail on various online forums how leveraged funds are good for short term trading, and are also fine for long term investment *provided* the investor is sufficiently informed about the rules. See, for example, the famous "hedgefundie adventure." Yes, there is volatility drag,
Thank you for allowing us the opportunity to provide feedback regarding potential new security regulations. It is very important to the public that we maintain free and unincumbered securities markets. That means, yes, sometimes we may lose money on investments, but it is critical to protect the rights and abilities of investors' and individuals' to freely choose which
I know what I am doing in investing. Government has NO BUSINESS budding into my financial affairs under the guise of 'protecting me'. I should not have to go through special process. You are not my Mom or Dad. I am more informed, MBA PhD than most of your regulators. I have invested in leveraged funds successfully for over 30 years. I do not need government (uneducated) to educate me or
Most people get that investing is risky. If they passed high school, they'll have learned about things like the Great Depression where people lost everything on their stock investments. If anything, the burden should be on the organizations doing a fundraise to provide all the information that people need to make smart decisions and establish that they aren't going to pull the
Thank you for the opportunity to comment on the above propose rule. Individuals should be able to choose the investments that are right for them and not be limited by criteria established by regulators. Information is required to be readily available from the financial companies offering the investment that describe the risks associated with each type of investment in the form of a prospectus or
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Corporate FinanceLegal & Compliance*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The NASD has received a "No-Action Letter" (letter) from the Division of Corporation Finance of the Securities and Exchange Commission. It provides that a broker/dealer may rely on the provisions of SEC Rule 14a-2(b)(2
