I do not initiate any investments on margin. I use my own funds for investing in leveraged etfs. If a firm wants to provide leverage for me with their investment vehicle, I should have the right to utilize it without any interference from your organization. The last time I checked, this is still a free country, although sliding into the abyss, rapidly thanks to organizations like yourself. It is
I am against any and all regulations being considered by the Financial Industry that will rob or regulate a persons right to invest at any level. Everyone deserves the right we the people deserve to be able to buy cryptocurrency funds such as BITO, and dozens of other popular
investments deemed to be complex, I am total against an organization coming against the peoples right to buy, sell, trade
While I am not 100% opposed to new regulation on these complex products, I do want to caution that this could cause unintended consequences. For example, if I could not access leverage through options or through leveraged ETP's, both of my brokers currently charge me 8% or more on margin interest.
How does this help me to pay over 7% more than the Fed Funds rate? It helps and protects
Dear Sirs: I am providing the following information in response to the possibility that FINRA is apparently in the process of promulgating restrictions that may cause severe harm to my ability to take advantage of the current system that allows investment in public securities and ETFs. As such, my ability to provide financial support to myself, my wife, and my immediate family may be destroyed
Comments: As both an ETF investor and ETF industry executive, I'm alarmed at FINRA's latest regulatory notice 22-08, which has major implications for both the ETF marketplace and the investing public.
It's not in the public's best interest for FINRA to deliberately limit investment choices or to impose fettered obstacles that intimidate and restrict the retail
FINRA Rule 4111(b) requires the Department of Member Supervision (Department) to calculate annually a member firm’s "Preliminary Identification Metrics" to determine whether the firm meets the "Preliminary Criteria for Identification."1 A key driver of that is whether a member firm’s Preliminary Identification Metrics meet quantitative, risk-based "Preliminary
FINRA’s Eighth Annual Createathon and internal hackathon premieres October 16-19 at the University of Shady Grove in Rockville. This year’s event is powered by the theme “Level Up,” reflecting the importance of continually expanding our expertise and knowledge.
FINRA and ISG Extend Effective Date for Certain Electronic Blue Sheet Data Elements
TO: All NASD Members
The New York Regional Office of the Securities and Exchange Commission has asked the NASD to provide members with a notice regarding the activities of Gerald Greenspan outlined below.
Mr. Greenspan was permanently enjoined by the United States District Court (S.D.N.Y.) from further violations of the federal securities laws in 1960, 1975 and 1980. The 1980 injunction requires
NASD is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend certain NASD rules and repeal Rule 5100 and IM-5100 in light of the elimination of SEC Rule 10a-1 of the Act and the amendments to Regulation SHO under the Act.
