Fines smaller than the profits made by violators are called bribes. All regulatory bodies that impose minor fines are taking bribes. The fact that comments are being asked for when the public sentiment on naked short selling, FTDers, and obvious price manipulation is incredibly easy to find is just another slap in the face to retail traders.
I would like to propose a fixed T+0 or T+1 settlement date for all shares. FTD's (Failure to deliver) are rampant in the current market structure and allows for adverse effects on price discovery. Enforce a T+0 or T+1 settlement for FTD's and this would saveguard price discovery and mop up shorting fraud without risking liquidity issues.
dear regulators, leave the leveraged ivestments alone.! Go after the unscrupulous brokers who put people into unsuitable investments or churn accounts. You are apparently responding to a few cry-babies and squeaky wheels who don't understand a long-term investment. I find it interesting that you target these investments when the market is down!!!
Accurate short sale tracking is obviously important, but it’s only as useful as the information given on dark pool activities. Dark pool existence, and how those exchanges are able to integrate shares into major exchanges is beyond fraudulent. I appreciate your efforts, but share selling will never be put into check until dark pools are eliminated.
I have been a member and executive of the Chicago Board of Trade and served as the Chairman of the DOW Jones futures committee for 40 years. I believe it is in the best interest of if FINRA the SEC to allow inverse ETF products to be continued to be freely traded. It give the investors the ability to hedge risk of current equity holdings or there 401-ks
TO: All NASD Members and Other Interested Persons
Attention: Direct Participation Programs Department
The Association's Board of Governors has approved a proposed amendment to Appendix F to Article III, Section 34 of the Rules of Fair Practice which would prohibit sponsors of direct participation programs from offering non-cash sales incentives to NASD members and their associated persons.
Leveraged etfs and inverse funds provide retail investors to create wealth over an extended period of time. These are easy to understand like any other regular etfs. There's sufficient information available through unpaid and paid sources about these investment instruments. Any restrictions will be against the interest of retail investors.
The Cyber and Analytics Unit (CAU) within FINRA’s Member Supervision program highlights recent cybersecurity risks at third-party providers (commonly referred to as third-party vendors) impacting member firms.
Get involved with FINRA. Submit comments, join committees or the Board, speak at events and access resources to protect investors.
Summary
FINRA has established a new Supplemental Liquidity Schedule (SLS).1 The new SLS, which members subject to the requirement will need to file as a supplement to the FOCUS Report, is designed to improve FINRA’s ability to monitor for events that signal an adverse change in the liquidity risk of the members with the largest customer and counterparty exposures. FINRA is issuing this
