FINRA's Membership Application Program serves as the entry point to FINRA membership for firms that meet 14 different standards for admission. On this episode, we hear how the group ensures members and would-be members adhere to these standards to safeguard the integrity of the market and ensure Americans can invest with confidence.
Sec. 1. The Board is hereby authorized to adopt a Uniform Practice Code and amendments, interpretations and explanations thereto, designed to make uniform, where practicable, custom, practice, usage, and trading technique in the investment banking and securities business with respect to such matters as trade terms, deliveries, payments, dividends, rights, interest, reclamations,
I have been investing for over ten years. I believe leveraged ETFs have a place in my portfolio and don't believe the government has the right to tell me where I can invest to supplement my retirement income. Keeping interest rates at an unbelievable low rate for so many years has caused most of us to look for yield where ever we can find it.
Summary
FINRA is soliciting comment on a proposal to amend FINRA Uniform Practice Code Rule 11880 (Settlement of Syndicate Accounts). The proposed amendments would reduce the maximum time for the final settlement of syndicate accounts in a public offering of corporate debt securities from 90 days to 30 days following the syndicate settlement date.
Questions concerning this Notice should be
INFORMATIONAL
Initial Public Offerings (IPOs)
Voluntary Effective Date: December 23, 2003
Mandatory Effective Date: March 23, 2004
SUGGESTED ROUTING
KEY TOPICS
Corporate Financing
Institutional
Legal & Compliance
Operations
Senior Management
Syndicate
Trading & Market Making
Training
Free-Riding and
FINRA Announces Updates of the Interpretations of Financial and Operational Rules
Finra, your interest in protecting investors is admirable, but limiting choices and opportunities is counter to this goal. Leveraged and inverted ETFs gives the average investor access to investment opportunities that would then be limited to only larger institutions who could utilize sophisticated option and derivatives whereas the smaller investor is excluded. Protecting investors from making
Completely unfair - the public should be able to take whatever risk they see fit without being subject to excessive requirements. These rules would literally be limiting the public's access to high-risk/high-ROI investments for little reason. There should be tools available to anyone who is interested in going beyond traditional investing (i.e. daytrading, speculation, etc.). Adding
Please protect my interest in leveraged and inverse funds. Inverse funds do a great deal of good in balancing a portfolio. I hope that future regulation widens access to securities, and does not prohibit access based on income, or net worth. I also hope that public access to investment products continues without the need for special testing or license to buy and sell stock and that public
It is my belief that any individual should retain the right to make investments as he/she sees fit without the imposition of restrictions if they deem a particular investment to be in their best interest. With particular regard towards leveraged and inverse funds, such an investment helps to create a balanced investment strategy that allows for individuals to hedge their investments. Ample
