I am an individual investor who has invested for several years in a variety of securities, mutual funds and ETF's, including leveraged and inverse funds. My brokerage firm already requires me to confirm that I have read various warnings about and understand the risks of these investment vehicles. I consider them a USEFUL and CONVENIENT investment tool in a whole toolbox of investment
I would like to voice my opposition to restrictions on my right to invest in leveraged and inverse funds. I have learned that FINRA is considering limiting the public's access to leverage and inverse funds. I highly disagree with this. I should be able to choose what investments are right for me without restrictions, limitations, or extra requirements. These types of investments
Precious metals IRA frauds frequently target older workers and retirees because they typically have more money saved in their qualified retirement accounts than younger people. Before you consider rolling over your retirement plan to a gold or silver IRA, here are 10 questions you should ask.
Generally, brokers and dealers use subordinated loans and notes collateralized by securities (referred to as subordinations) to borrow funds or securities from investors to increase their regulatory net capital. Pursuant to FINRA Rule 4110(e)(1), subordinations must be approved by FINRA in order to receive beneficial regulatory capital treatment.
Extension of Current Rate for Fees Paid Under Section 31 of the Exchange Act
Summary
FINRA is issuing this Regulatory Notice as part of its continuing efforts to provide members with guidance on requirements relating to the Consolidated Audit Trail (CAT), and FINRA Rule 6800 Series (the “CAT Rules”). In particular, FINRA is reminding members of their supervisory responsibilities under the CAT Rules and FINRA’s Supervision Rule (Rule 3110). Members may wish to consider
Background
Input from our stakeholders indicated that they would welcome greater transparency regarding FINRA's budget, especially its financial projections and potential use of fines. FINRA for many years has published an Annual Financial Report that is prepared and audited in accordance with GAAP6 that describes the prior year's finances and operations. In the interest of promoting
(a) Prior written notice shall be given to FINRA whenever any member guarantees, endorses or assumes, directly or indirectly, the obligations or liabilities of another person.
(b) Prior written approval must be obtained from FINRA whenever any member receives flow through capital benefits in accordance with Appendix C of SEA Rule 15c3-1.
• • • Supplementary
(a) A capital acquisition broker or an associated person of a capital acquisition broker must have a reasonable basis to believe that a recommended transaction or investment strategy (as defined in FINRA Rule 2111) involving a security or securities is suitable for the customer, based on the information obtained through the reasonable diligence of the broker or associated person to ascertain the
On October 20, 2020, the Election Notice and ballots to elect Regional Committee members for District 2 (the only contested race) were mailed to executive representatives of FINRA member firms in District 2. Ballots must be returned no later than November 19, 2020. Newly elected committee members will take office in January 2021. Ballots were not mailed for uncontested seats.
Candidates
Each
