I am totally opposed to this proposed rule. I use this products and very much educated about its risks. We as investors should have the right to choose which investments to trade on.
This regulation is extremely harmful to investors. With proper education, many investors can learn to trade these equities safely just like other investment. Have regulations hurts the nature of these investments
Why is a company like Citadel allowed to trade naked shorting, to the point that more than 100% of the company shares are sold.
SEC Approves Amendments to Rules on Reporting Transactions to the OTC Reporting Facility
FINRA continues to monitor clearing submissions from the December 5, 2022 ORF release and subsequent updates. FINRA encourages ORF firms to closely monitor their clearing trades and to work with their clearing firms if needed. Please contact FINRA regarding any inconsistencies or questions.
SEC Approves New Supervision Rules
(a) A member shall, at or before the completion of any transaction in any security effected for or with an account of a customer, give or send to such customer written notification ("confirmation") in conformity with the requirements of SEA Rule 10b-10.
(b) A confirmation given or sent pursuant to this Rule shall further disclose:
(1) with respect to any transaction in any NMS stock,
For more than two centuries, the securities industry in the United States has been governed by private arrangements to regulate business conduct—membership organizations that set rules for their members, and then hold members accountable if they break the rules.The earliest such “self-regulatory organizations”—or SROs—date to the 1790s, when groups of traders in New York and Philadelphia agreed
I oppose any restriction to trade in what is called complex products. I am experienced enough to know the risks of leveraged and inverse funds and do not need to have regulatory restrictions impose on me.
I understand the value of short selling. I understand it is a mechanism to root out unsavory characters that may be using subversive tactics to artificially prop up a stock/ security, however I do not understand why, in 2021 we as retail investors do not have access to the same information at the same time as institutional investors? how is that a free market? again its 2021 and we have internet
