NASDR has filed with the SEC a proposed rule change to Interpretive Memorandum 2830-1 of the NASD regarding mutual fund breakpoint sales to clarify its application to modern portfolio investment strategies.
Reorganization and Revision of NASD Arbitration Rules Relating to Industry Disputes
Hi - I think the new regulations you propose around leveraged ETFs are misguided and I'm hoping you reconsider. I love these ETFs and they work exactly as advertised, and I take responsibility for any losses I incur. Options are way more leveraged than these 3x ETFs and the rules you propose to put in place are way more onerous than the existing rules brokers have for options. I simply
I'm appalled to hear that regulators want to restrict access to these investment products. Why is it that all of a sudden they are considered with complexity and investor protection when they weren't before. Do they fear that there isn't enough liquidity in the market to support the potential valuation of these products as the stock market continues to be volatile and
NTM 06-60 is superseded by NTM 06-72GUIDANCE
Customer Account Statements
SUGGESTED ROUTING
KEY TOPICS
Individual Investors
Legal & Compliance
Operations
Registered Representatives
Senior Management
Clearing Firms
Customer Account Statements
Introducing Firms
NASD Rule 2340
SIPA (Securities Investor
Protection Act)
The staff granted an exemption from NASD Rule 2790 in connection with new issue offering of a registered securities exchange for certain allocations as part of its issuer-directed share program.
December 3, 2004
Dana G. Fleischman, Esq.
Cleary, Gottlieb, Steen & Hamilton
One Liberty Plaza
New York, NY 10006-1470
Re: Request for Exemption from Rule 2790
Dear Ms. Fleischman
Comments:Respected Officer, I would strongly urge you not to implement proposed rule for following reasons 1. FINRA should not restrict legitimate strategies from educated individual investors and provide only to few privileged. This is not promoting equal opportunity.
2. FINRA should limit itself for education and not arbitrarily decide knowledge and ability of individual investor
3.Introducing
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to make technical and other non-substantive changes within FINRA rules.
<p>Secondary market trading in Fidelity Nasdaq Composite Index Tracking Stock would be consistent with the requirements of NASD Rules 2110, 2420, 2830(c), (g), and (i), and Interpretive Material 2830-2.</p>
Thank you for the proposed FINRA rule #22-08. It came to my attention when I saw an advertisement encouraging opposition to the bill from an obviously biased and hidden source (https://www.leteveryoneinvest.com). After brief research it seems to me to be a very valuable rule to keep small investors from gambling away their life's savings, and keep predatory firms from being able to trick
