(a) Members are required to report transactions (other than transactions executed on or through an exchange) in OTC Equity Securities, including secondary market transactions in non-exchange-listed Direct Participation Program securities, and Restricted Equity Securities to the OTC Reporting Facility in compliance with the Rule 6600 and 7300 Series, as well as all other applicable rules and
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Expungement
Comment Period Expired December 31, 2001
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The
I appreciate FINRAs concern regarding complex products. In this case, I think it is entirely inappropriate to place any restrictions them buying these types of products, but warnings would be helpful. I believe this for a number of reasons:
1.Restrictions hurt investors by taking away options. For me in particular, restricting access to purchase these products may ruin 10 years of work and a
I oppose the language in this proposal. It's systemically exclusionary and creates too high a hurdle for anyone with the will and gumption to go after whatever investments they do choose. As long as anyone can vote. And corporations can have political "voice"- even the less than capable can participate on all levels of an open market.
NASDR has filed with the SEC a proposed rule change to amend Rule 6957 to extend the effective date of the implementation of Phase Three of the Order Audit Trail System ("OATS") Rules to October 31, 2000.
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Series 24, 26, And 62 Modified
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Hi FINRA,
You should not determine if an individual can or cannot invest in one of these funds. It should be left up to the individual to perform the due diligence when choosing investments. Taking the route of offering financial investment education in our public school system would be more of a solution. Treat the problem not the symptom.
Hi Finra,
I am concerned that the regulators would curtail the publics ability to protect the downside or enhance the upside of market movements for some investors but allow those same products for others. That is a two-tiered system and runs counter to the free and open market that is essential to allowing all investors to invest on an even playing field.
It is concerning that more and more opportunities for folks to invest and further their potential to build wealth are being shut down. If something is "too complex," then there should be more education to help people to better their lot, not just allow a select few to be able to take advantage of rigged systems to make money hand over fist.
It is myright and the right of All Americans to pursue good investments It is part of the pursuit of HAPPIENESS AS IN THE CONSTITUTION. The Government has no right to
limit or make into law the GOVERNESS OF FREE ENTERPRISE SYSTEM. IT IS BY IT'S OWN NATURE SELF GOVERNING. IT IS OUR RIGHT TO INVEST AS WE SEE FIT. KEEP THE GOVERNMENT OUT OF FREE ENTERPRISE.
