How FINRA Assesses Performance of its Machine Learning Models
Data science has come a long way in the past 10 years. As machine learning projects become productionized, they look increasingly like software projects. Focus has shifted from presenting charts to integrating AI software into a production pipeline. There is still plenty of work in the former scenario, but the latter has become more
What is Herd?
Overview
Herd is big data governance for the cloud. The herd Unified Data Catalog (UDC) helps separate compute from storage in the cloud. Herd job orchestration manages your ETL and analytics processes while tracking all data in the catalog. Here is a quick summary of features:
Unified Data Catalog - A centralized, auditable catalog for operational usage and data governance
This past August, over 250 people at FINRA took two days to find data driven solutions for FINRA. With over 45 teams, there were some amazing ideas that came out of this hackathon. Below are 13 awesome ideas teams came up with.
FINRA is aware of the critical Spring4Shell vulnerability and has taken immediate steps to neutralize the risk.
I am a retail investor and use leveraged ETFs for a portion of my portfolio. Before buying these leveraged ETFs, I did a significant amount of research to understand the risks. This included back testing how the funds would behave in different market and monetary conditions. I also read the prospectuses for the funds. All this information was available and provided sufficient information on the
Dollars have no intrinsic value, so if any member of the public wants to gamble with them using what you call 'complex products', this should be entirely possible so as to have a level playing field with wall street. Educational materials are good. Less regulation is better, ending the federal reserve bank would be best.
Taking away the use of leveraged and inverse Etfs or limiting their holding time is unfair to retail investors who rely on these products and approach them with due diligence. Leveraged Etfs are not inherently dangerous. Knives are sharp and hurt like [REDACTED] sometimes but we don't ban them from public use. Let the emphasis be on better education and disclosure, that makes sense. But the
FINRA is publishing its quarterly OTC Equities High Price Dissemination List for the fourth quarter of 2021. This updated list of OTC equity securities eligible for trade report dissemination for trades of fewer than 100 shares is effective as of April 1, 2022. To view changes, visit the Daily List: Security Attribute Changes page, select the “Unit of Trades” filter and enter March 31, 2022 as
The concept behind interval funds is a higher return in exchange for non daily liquidity. While the concept appeals to clients with surplus liquidity, the regulatory oversight is poor All prospectuses I have read mislead the client and the FA to believe the investment may be redeemed on a specified date. What is never discussed is the optionality the fund has where they may limit redempyions to 5
Markets go up and down. There should be easily accessible options to invest in both trends. Walling off "short" products or creating a maze of (additional) regulation does not help the average investor, it hinders them. As a matter of fact, an argument can be made that some of the more liquid, unleveraged short products should be offered in 401k platforms, giving participants maximum
