<p>The Firm Quote Rule (SEC Rule 11Ac1-1) requires a member firm to execute trades submitted to it by a firm that has exceeded its Super Cap status unless: (i) the firm had failed to settle on a trade the previous day, (ii) ACT has publicized that the firm has exceeded its Super Cap status and its clearing firm is not willing to honor the trade, or (iii) the firm's clearing firm has deleted the clearing relationship.<br />
</p>
I am not in favor of this rule and should not be restricted when I use my own money to invest and not on margin.
Please do not change the rules on leveraged funds, I use these frequently and love their place in my portfolio
The markets should remain open and free without additional regulations. These new proposed rules are unacceptable.
The rule makes no sense. You dont need to be a market professional to understand risk that goes with these products.
I should have the right to invest MY money the way l decide. There is no good reason for this proposed rule.
Too much government in our business . Leave this FINRA rule as it is . Impeach entire democrat party.
This rule limits our freedom to invest. My uncle died in action in WWII fighting for this freedom.
SR-FINRA-2008-053 - Proposed Rule Change to Amend Section 4(c) of Schedule A to the FINRA By-Laws to Increase Certain Qualification Examination Fees
NASD has filed with the SEC a proposed rule change to amend Rules 10308 and 10312 of the NASD Code of Arbitration Procedure to further ensure that individuals with significant ties to the securities industry may not serve as public arbitrators in NASD arbitrations.
