I absolutely do not support the one day hold rule for leveraged complex products. There are viable leveraged strategies that are far more simple and efficient for retail investors that require holding these products for much longer
TO: All NASD Members
LAST DATE FOR COMMENT: APRIL 28, 1985
The National Association of Securities Dealers, Inc., is requesting comment on proposed rule amendments which would require that companies with securities included in the NASDAQ National Market System (NASDAQ/NMS) adhere to certain standards of corporate governance. This notice contains a discussion of the background of these rules and a
Effective March 26, 2008, principal approval is no longer required for certain previously filed sales material.
A. Delegation of Functions and Authority:
1. Subject to Section I.B.9., FINRA hereby delegates to FINRA Regulation and FINRA Regulation assumes the following responsibilities and functions as a registered securities association:
a. To establish and interpret rules and regulations and provide exemptions for FINRA members including, but not limited to, fees, membership requirements and dispute
FINRA Extends Implementation of Rule Amendments Relating to Non-Tape (Or Clearing-Only) Reports for Previously Executed Trades
NASD has filed with the SEC a proposed rule change to establish July 30, 2003, or until the date a superseding permanent exemption is approved by the SEC and becomes effective, as the effective date for Rules 2711(b) and (c) for members that over the previous three years, on average per year, have participated in 10 or fewer investment banking transactions as manager or co-manager and generated $
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to change references in the Codes of Arbitration Procedure from the Neutral List Selection System to the list selection algorithm.
08-52 - SEC Approves Amendments to Eliminate Yield Reporting to TRACE and FINRA Will Disseminate Standard Yield in Real-Time TRACE Data
Enact the rules and close up any loopholes. This has the potential to stop a lot of shady business practices if done correctly and insulate the market from predatory financial firms.
Everyone should be able to invest. This is free market capitalism, if we want to keep the benefits of free market capitalism, we must keep it a free market. These proposed rules are discriminatory, and its clear as day.
