This is dumb, if I want to invest in leveraged funds, I shouldn't have to be rich or pass a test. Stop looking for problems that don't exist. I can easily lose all my money buying individual stocks or options just as easy.
I should be able to choose the public investments that are right for me, not the government regulators and I shouldn't have to go through any special process like passing a test before I can invest in public securities, like inverse funds.
As an individual investor, I want to have the freedom to choose what investment types I want to use without having to pass any screening tests by regulators who suppose to control and limit my freedom including investment choices.
I'm not in favor of restrictions that punish intelligence and due diligence in order to protect ignorance. Making the system more fair with adequate enforcement against the bad actors that use detrimental activities to exploit and diminish shareholders equity would appear a much more effective approach to improving the systems performance. Naked short selling as an example.
New Electronic Filing System for Public Offering Filings
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Executive Summary
On March 8, 1994, the Securities and Exchange Commission (SEC) issued an order declaring immediate effectiveness of amendments to add a new Section 45 to Part III of the Code of Arbitration Procedure imposing a surcharge on any member named as a party to an arbitration proceeding. The text of the amendments,
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As of March 13, 1989, the following six issues joined the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,859
FINRA emphasizes the obligations of members to report securities transactions within the required time period. All reportable transactions not reported within the required time period shall be marked late, and FINRA routinely monitors members' compliance with the reporting requirements. If FINRA finds a pattern or practice of unexcused late reporting, that is, repeated reports of
SEC Approves Amendments to FINRA Rule 4210 (Margin Requirements)
At FINRA, we do more than just ensure the broker-dealer industry operates fairly and honestly. One of our core values is innovation. To cultivate a mindset for pioneering innovative solutions, we constantly create opportunities for our staff to enhance their current skills, add new skills, and we equip them with the cutting-edge tools. Our goal is to empower them to shape and grow their career.
