INFORMATIONAL
Arbitrator Classification
Effective Date: July 19, 2004
SUGGESTED ROUTING
KEY TOPICS
Legal & Compliance
Arbitration
Arbitrators
Dispute Resolution
Executive Summary
The Securities and Exchange Commission (SEC or Commission) has approved amendments to Rules 10308 and 10312 of the NASD Code of Arbitration
Please make it a fair and transparent market for all investors to be on an even trading ground. Impose jail time for anyone violating terms and rules. Compensate retail investors.
In not in agreement how shorts are been managed and how SEC are filling rules and there’s no action to thw hedge funds that are shorting. The system is confrontating manipulation and needs to be addressed
Comments: Please don't underestimate people's ability to understand complex products. We have enough hurdles and unanticipated consequences to deal with without big brother butting in even more. Leave the ETF rules as they are.
I strongly oppose this rule #S7-24-15 because its fundamentally wrong to try to create one system for high net worth individuals and the rest of the American populace. I urge you to block this proposal by the SEC.
Adding these rules only hurts traders. Everyone starts somewhere and creating requirements hinders their learning process. You don't need to be a genius to use most of these instruments and these restrictions are an annoyance to even experienced investors.
<p>NASD Regulation does not provide interpretive guidance on the appropriateness of a commission or mark-up schedule under Rule 2440, relating to fair prices and commissions, and the related mark-up policy, IM-2440. Further, NASD Regulation does not provide any assurance in the interpretive process that a firm's absolute reliance on a schedule for determining a commission or a mark-up is appropriate.</p>
SEC Approves Expanding Disseminated Real-Time TRACE Data
Private Placements and Public Offerings Subject to a Contingency
<p>Adequate documentation of reasonable efforts to borrow, standing alone, would not constitute a circumstance sufficient to mitigate the inability to deliver securities on settlement date where a member has relied upon an "Easy to Borrow" or "Hard to Borrow" list.<br />
</p>
