(a) All capital acquisition brokers and applicants for membership in FINRA as a capital acquisition broker are subject to NASD Rule 1017.
(b) An existing FINRA member that seeks to change its status to a capital acquisition broker and is already approved to engage in the activities of a capital acquisition broker, but which does not intend to change its existing ownership, control or
This is complete insanity. Might as well be called the "Forced Pay Wall Street 3% Your Net Worth A Year Rule". Now advanced financial products will be cut off for everyone except the ultra wealthy? How could you possibly think this was a good idea? How about we drop the charade and just ban retail brokerage accounts. Really let wealth advisors run crazy when they know there is no one
This proposed rule restricting my right to invest as I please seems a clear violation of my right to control and administer my own resources. I try to diversify my investments, for my holdings as a retiree are quite meager and I cannot afford to take big risks. At present I own only one fund involved partially in cryptocurrencies, and regard it as just a normal part of my portfolio. Why would
FINRA Provides Clarification on SEC Guidance Regarding Emergency Orders Concerning Short Selling
Proposed Rule Change to Update Rule Cross-References and Make Non-Substantive Technical Changes to Certain FINRA Rules
The markets should remain open and free without additional regulations. These new proposed rules are unacceptable.
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 rule makes no sense. You dont need to be a market professional to understand risk that goes with these products.
This rule limits our freedom to invest. My uncle died in action in WWII fighting for this freedom.
