I have been investing almost 30 years using leverage and complex ETF. this new rule will impact my retirement plan.
Absolutely not on proposed rule S7-24-15
We are perfectly capable of making our own investment decisions without government oversite
It is wrong and none of their business what I invest in. I oppose any change to the rules. Not far to stop me from making money on them.
What kind of nonsense is this - the two companies that run the two leveraged ETFs I own both sent me email alerts about FINRA's potential rule changes this morning, urging me to submit comments on the rules, which have a deadline of only 5 days away?!? That's so unfair it's like FINRA doesn't care what investors have to say, their minds are made up. Consider
NASD has filed with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend NASD Rule 3370 to clarify that members must make certain affirmative determinations when effecting long sales and document compliance with those affirmative determination requirements.
The NASD, through its wholly owned subsidiary, NASD Regulation, Inc., has filed with the SEC a proposed rule change to amend Rules 2320(g) and 3110(b) to: (1) require that members executing a customer order in a non-Nasdaq security contact and obtain quotations from three dealers (or all dealers if three or less) to determine the best inter-dealer market for the security, unless two or more
Effective December 13, 2007, "Derivative-Related Transactions" are exempt from the TRACE reporting requirements.
I am completely in agreement with this rule. Uneducated investors should not be investing in things they dont understand. Keep up the good work FINRA.
TO: All NASD Members and Other Interested Persons
LAST DATE FOR COMMENT: JULY 22, 1987.
EXECUTIVE SUMMARY
The NASD requests comments on a proposed amendment to Article III, Section 35(d)(2)(D) relating to testimonials used in members' communications with the public. The amendment would conform the NASD rule to that of the New York Stock Exchange.
The text of the proposed amendment is
FINRA Announces Approval of and Implementation Date for Securities Trader and Securities Trader Principal Registration Categories and Related Qualification Examination, Fee and Continuing Education Requirements
