Financial Industry Regulatory Authority, Inc. is filing with the Securities and Exchange Commission a proposed rule change to repeal NASD Rule 1130 and incorporated NYSE Rules 405A, 440F, 440G and 477 as part of the process of developing the consolidated FINRA rulebook.
I oppose new rule making that would make leveraged and inverse ETFs difficult or impossible for normal investors to buy. I have used these sorts of ETFs in the past profitably for both hedging risks and investment purposes. I believe these products are both understandable and useful to the average investor.
Given the recent blow-up of so-called qualified investors and family offices like Bill
I am opposed to regulation restricting the access to leveraged and specialty investment products by retail investors. I invest in leveraged, inverse, and commodity funds as they suit my needs. They are important hedges against market movements and inflation. I should not have to jump through hoops to access these products. Prospectuses are there for a reason and it is up to the individual to
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Executive Summary
Securities and Exchange Commission (SEC) Rule 15c6-1, which establishes three business days as the standard time period for settling transactions in most securities (T+3), is effective June 7,
This feels a lot like A: nanny states attempting to protect us from ourselves in ways said nanny states don't succeed in protecting *themselves* - I think a government with as much debt as the US govt has has no business telling anyone how to run their money B: a set of rules which advantage the rich while screwing over the rest of us - as per usual, rules for thee, not for me, since I bet
Comment Period Expires February 15, 1995
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Executive Summary
The National Association of Securities Dealers, Inc. (NASD) requests comment on proposed amendments to the NASD Rules of Fair Practice to adopt rules governing broker/dealers operating on the premises of financial institutions. The proposed rules
This version was introduced with the filing of SR-FINRA-2020-015, which has been filed for Immediate Effectiveness. This version is temporary and effective from May 8, 2020 through June 15, 2020, pending any future extensions.
(a) General
(1) In furtherance of FINRA's obligations to foster cooperation and coordination of the clearing, settling and processing of transactions in equity and
As an individual investor who has invested in complex instruments for years, I am opposed to these regulatory controls. They are over-reach by the government on the assumption that people are stupid and should be ruled rather than have the freedoms. The barrier to these instruments will not only create obstacle for investment, it will dramatically increase the cost to access these instruments as
FINRA Reminds Firms of Their Obligations Regarding Transactions in OTC Equity Securities Quoted Pursuant to a Submitted Form 211
I strongly oppose any limitations that may be placed on investors who want to participate in short funds or leveraged funds. I have been investing in the stock market since 1993 and fully understand the risks inherent in these types of funds. When used properly to hedge a portfolio they can be very important. I strongly suspect that rules like this one being proposed will end up hurting the
