I am not a child or mentally deficient so I find it disturbing that FINRA regulators feel that I need a nanny to oversee my financial decisions. Wealthy investors have access to advanced financial instruments not accessible to regular investors like myself. Leveraged and inverse funds somewhat even the playing field for retail investors. When the market becomes volatile I can hedge my investments
Dear FINRA,
I think the current rules for investors are sufficient and there should not be more regulations placed on people in making investment decisions. I believe the vast majority of investors understand the risks of being in the market. Leveraged investments and those for accredited investors provided needed capital and are valuable tools in managing risk in a portfolio. Investors do not
To Whom It May Concern:
I am opposed to any limits on what I, or other American citizens, can invest in. While I appreciate the need for education and careful analysis, it is up to me to do my due diligence and make the final decision.
Certain types of investments should not be reserved only for people with high net worth or specific financial experience.
Instead of limiting my ability to invest
I highly disagree with the proposed restrictions regarding "complex" products, which isn't well-defined in the notice write-up. Not only would creating additional barriers and limiting opportunity to retail would have broader implications and negative outcomes for capital markets overall, but it removes the necessary risk management tools in an increasingly complex and evolving
SUGGESTED ROUTING*
Internal AuditLegal & ComplianceOperationsTrading
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Department of Treasury recently finalized two amendments to the Bank Secrecy Act (the Act) regulations. One amendment adds a definition of "structuring" to the anti-structuring provision, which prohibits
INFORMATIONALSanction GuidelinesSUGGESTED ROUTINGKEY TOPICSExecutive RepresentativesLegal & ComplianceRegistered RepresentativesSenior ManagementDeterrence of Future MisconductNASD Sanction GuidelinesExecutive SummaryThis Notice advises NASD members of modifications to the NASD Sanction Guidelines (Guidelines). NASD is modifying General Principles Nos. 1 and 3 of the Guidelines to
Sec. 7. The Corporation may secure the fidelity of any or all of its officers, agents, or employees by bond or otherwise.
Amended by SR-NASD-2007-023 eff. July 30, 2007.
Adopted by SR-NASD-97-71 eff. Jan. 15, 1998.
March 2011 Supplement to the Options Disclosure Document
During its May 17 and 18 meeting, the FINRA Board of Governors appointed new public governor Lisa Fairfax, approved FINRA’s 2022 Annual Financial Report and appointed new members to FINRA Advisory Committees.
I fully support Short Interest Position Reporting Enhancements, I am a 63 year old retail trader who has seen short selling abused over many years. I believe the enhancements plus additional regulations that will help stop the market manipluation using shorts and naked shorts is crucial to head off future financial disasters in the marketplace. Please pass these proposals and consider anything
