I have been an individual investor for a long time and I use leveraged and inverse funds periodically, many times for hedges on my holdings. I do not see why regulators need to tell anyone how to invest, and they do not need to be in the business of protecting people from themselves. The prospectus clearly explains the risks involved in these funds. I should not have to pass a test to show my
In an effort to communicate technical changes to its trade reporting and quotation facilities - TRACE, ORF, and ADF (and related systems) with FINRA member firms, FINRA is introducing a new web page, on FINRA.org, where firms may review upcoming market transparency initiatives. This page will be updated on a regular basis in addition to technical notices that will continue to be posted and
It is troubling that regulators are trying to limit or stop trading this stock.
We should have ability to trade leveraged etfs .
I do not nor condone of any testing of etfs for trading !!
please let us citizens to choose how to trade
I should continue to decide what I wish to trade > period
Timothy Thompson is Senior Vice President, Enterprise & Financial Solutions. More specifically, Mr. Thompson serves as the Head of FINRA’s Enterprise Risk Management (ERM) Team. ERM provides a consolidated, organization-wide view of risks that could potentially have a significant impact on FINRA’s ability to achieve its mission, strategic goals and key
(a) For purposes of applying any provision of the Rule 7600B Series that reflects a charge assessed, or credit provided, by the FINRA/NYSE Trade Reporting Facility, a member's activity will be aggregated automatically with the activity of its affiliates. Members are required to submit to the FINRA/NYSE Trade Reporting Facility a form disclosing affiliates and immediately provide notice to
FINRA announced today that it has fined BofA Securities, Inc. $24 million for engaging in more than 700 instances of spoofing through two former traders in U.S. Treasury secondary markets and related supervisory failures spanning more than six years.
