FINRA Requests Comment on Proposed Consolidated FINRA Rule Governing Payments to Unregistered Persons
I believe this "Proposed Trade Reporting Requirements for Over-The-Counter Options Transactions" is a crucial step for more transparency in the finacial markets. It will be important to limit misuse of financial instruments/loopholes and so forth in order to gain an advantage over other market participants. I strongly agree to the proposed requirement.
Last summer, we introduced listeners to FINRA’s Crypto Hub, an enterprise-wide strategy for keeping up with the evolving crypto asset regulatory landscape. On this episode, we have three members of the hub join us to provide an update on that work to dig into the results of a recent survey of member firms regarding their crypto asset touch points to tell us about the new spot Bitcoin ETP market and more.
FINRA has resolved the issue with ORF transaction messages delivered via FIX and TRAQS. The issue was caused by a trade processor experiencing systemic disruption, resulting in queueing of transaction reports in certain symbols. All queued messages have been processed, and no further action is needed from firms.
Contact FINRA Market Operations with questions regarding this notice.
Individuals should be able to decide how they invest their money. leveraged ETFs are not nearly as bad as investing in "meme stocks" or options trading. Regulating buying ETFs at the start of a bear market is irresponsible and likely something to make people sell their ETFs at a loss.
I am a 57 year old investor that has traded / invested in different asset classes including equites, option and futures. I think the leverage / inverse funds are a valuable tool to be used by investors / traders and should continue to be available to the public without restrictions.
Regulatory ObligationsSEA Rule 15c2-11 governs the publication or submission of quotations by broker-dealers in a quotation medium other than a national securities exchange (i.e., the OTC market).1 The rule generally prohibits a broker-dealer from publishing a quotation for any security in a quotation medium unless the broker-dealer has reviewed current and publicly available information
I use leveraged funds as a small part of my overall investments (less than 5%) but do see them as a regular income generator and would be negatively impacted by the inability to trade in these funds.
Please do not take away this ability from the average investor.
I believe if Im capable enough to make money in the first place, I should be allowed to invest it in the way I want to. Currently, leverage etfs play a big part in my portfolio investments and the idea that it will be restricted for trading will seriously impact my portfolio growth.
Please don't create red tape for ordinary folks to invest. Leveraged and inverse funds are investment strategies which do not require PhD knowledge to invest and grow hard earned money. Target option trading instead of leveraged and inverse funds!
