Regulatory ObligationsSEA Rule 15c2-11 governs the publication or submission of quotations by broker-dealers in a quotation medium other than a national securities exchange (i.e., the OTC market).1 The rule generally prohibits a broker-dealer from publishing a quotation for any security in a quotation medium unless the broker-dealer has reviewed current and publicly available information
(a) Interest to be Added to the Dollar PriceIn the settlement of contracts in interest-paying securities other than for "cash," there shall be added to the dollar price interest at the rate specified in the security, which shall be computed up to but not including the first business day following the date of the transaction. In transactions for "cash," interest shall be added
By Kara Williams and Gargi Sharma
Here is a look back at a few key topics related to anti-money laundering (AML) obligations that rose to the level of being included in FINRA’s 2023 Examination and Risk Monitoring Report. These threats continue to be prevalent today and remain as areas of focus for FINRA’s Complex Investigations and Intelligence (CII) section.
One was manipulative trading in
The Fund Analyzer offers information on over 30,000 mutual funds, Exchange Traded Funds (ETFs), and Exchange Traded Notes (ETNs).
Dear FINRA, Both leveraged & inverse ETFs are an important part of my hedging strategy as a retail investor & trader. I do understand your concern for protecting an average investor. But the issuers adequately explain their unusual risk characteristic & I have been able to successfully build my portfolio with these ETFs included. I specifically use a forward & an
I am opposed to new restrictions being considered to make it more difficult for the average investor to purchase liquid leveraged products on the NASDAQ and NYSE.
As an average american, i find it difficult to keep up with the wealthy who seem to have a much easier time creating and growing their wealth. I have been trading leveraged products for over a dozen years and sometimes i am correct,
The rules governing each NASD Trade Reporting Facility ("TRF") provide that a member may agree to allow a TRF Participant to report and lock-in trades on its behalf, only if both parties have completed an agreement to that effect (a "give up agreement") in the form specified by NASD.
TO: All NASD Members and Level 2 and Level 3 Subscribers
An additional 16 securities will join the 570 already trading in the NASDAQ National Market System on Tuesday, November 8, 1983. (The 570 include the 50 issues scheduled to join NMS on October 18.) These securities have met the NMS mandatory designation requirements, which include an average trading volume of 600,000 shares a month for six
To my knowledge, public investments are available to all of the public, not just the privileged and I oppose your restrictions on my right to invest. I am aware that all investments come with a certain degree of risk, especially when you combine normal risk with the lack of transparency, T2 trading platform, recent rumors of Market Manipulation, Dark Pools, Fails to Deliver etc. I selectively
