.
Under the regulations being considered by the Financial Industry Regulatory Authority (FINRA),
you may not be able to buy leveraged and inverse funds and dozens of other popular
investments deemed to be complex unless you:
Pass a regulator-imposed test of your specialized investment knowledge
Demonstrate a high net worth
Get special approval from your broker
Attest to reading certain
Remarks by Chairman and CEO Richard Ketchum at the FINRA Annual Conference
GUIDANCE
Sanction Guidelines
SUGGESTED ROUTING
KEY TOPICS
Executive Representatives
Legal & Compliance
Operations
Senior Management
Systems
NASD Sanction Guidelines
Executive Summary
This Notice advises NASD members of modifications to the NASD
Sanction Guidelines (Guidelines). NASD is amending the quality of
markets guidelines and the guidelines for violations of
The availability of complex products and options can potentially expand the investment opportunities for retail investors and, if properly understood, offer favorable investment outcomes (e.g., enhancing returns, limiting losses or improving diversification). However, important regulatory concerns arise when investors trade complex products without understanding their unique characteristics and
Background
FINRA administers qualification examinations that are designed to establish that persons associated with broker-dealers have attained specified levels of competence and knowledge pertinent to their function. Over time, the qualification examination program has increased in complexity to address new products and functions, and related regulatory concerns and
Revised Policy for Disseminating Reports of Fewer Than 100 Shares; Effective Date: April 21, 2008
Proposed Rule to Require Alternative Trading Systems to Report Volume Information to FINRA and Use Unique Market Participant Identifiers
Remarks from the FINRA Annual Conference
I'm have been investing over 7 years. The knowledge of Nasdaq stocks, Dow stocks, and other stocks. My years of experience in trading make me qualified to invest "high" leverage and "high" risk index of stocks. The Proshares service offer this great opportunity to investors to gain profits during volatile times in trading session of the market. I accept and understand the
TO: All NASD Members and Other Interested Persons
LAST DATE FOR COMMENT: DECEMBER 21, 1987.
EXECUTIVE SUMMARY
The NASD is requesting comments on proposed amendments to the Rules of Practice and Procedures for the Small Order Execution System (SOES) and to Schedule D to the NASD By-Laws. In pertinent part, the proposed rule amendments would:
(1) prohibit a firm that withdraws, on an unexcused
