Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adopt FINRA Rule 6897 (Consolidated Audit Trail Funding Fees) to establish fees for Industry Members related to reasonably budgeted CAT costs of the National Market System Plan Governing the Consolidated Audit Trail (the “CAT NMS Plan” or “Plan”) for the period from July 16, 2024 through December 31, 2024. These fees would be payable to Consolidated Audit Trail, LLC (“CAT LLC” or “the Company”) and referred to as “CAT Fee 2024-1.”
Aloha. Mahalo for doing the best to your abilities to protect American citizens without infringement on their freedoms and financial success. We are at an inflection point moving from the old financial system into a new financial system. The decisions you and your peers agree upon has potential impact on 100s of millions of lives. Let's make sure your team and the American population is
I have used this product both as an advisor and now as a retired advisor, but now as a regular investor.
The availability of easy products like the inverse ETF is simple to use and should not be as restrictive as it currently is.
I find it odd, that now that the bull market is struggling, here comes the big brother regulators taking away the protection investors need.
You should NOT make this
The naked shorting and dark pool abuse that is going on has to stop if you want to call yourself any kind of regulatory agency. It is unthinkable that you allow retail investors to be stolen from by market makers, when it is your job to protect the sanctity of the system itself. Loss of confidence of an ENTIRE GENERATION of investors will likely cripple the US economic system and it will be due
In observation of the Thanksgiving holiday, the TRACE system will be closed on Thursday, November 26, 2020. Please be advised that the TRACE system will close early on Friday, November 27, 2020. See the table below for a schedule of modified hours (these hours also apply to BTDS/ATDS/SPDS/144A). Thank you for your attention to this matter. Please contact FINRA
Finra Question 1: What implementation period would be appropriate to provide members with sufficient time to make the systems changes necessary to comply with this requirement? My Answer: Change needs to happen as soon as possible Finra Question 2: FINRA is considering whether daily or weekly short interest position reporting would be preferable. What are commenters’ views on the preferred
1 The views and opinions made in this report are those of the authors and do not represent official views or policies of FINRA. This report does not express any official FINRA legal position and does not create any new regulatory requirements or suggest any change in any existing regulatory obligations, nor does it provide relief from any existing regulatory obligations. This report summarizes
I oppose the regulations and restrictions that are being considered on my ability to invest my own money as I choose. I currently choose to invest in leveraged funds as a small percent of my portfolio and I should be able to continue to do so.
I do not want a regulator-imposed test to be required. I understand the transactions that I am making in my own accounts, but I worry that intentionally
I should be able to choose the public investments that are right for me---not the regulators. Public investments should be available to everyone. I shouldn't have to go through any special process like passing a test before I can invest in public securities like leveraged and inverse funds. If you limit public investments like leveraged and inverse funds to the general public, it's
I am very concerned that there is talk about us having more restrictions on what we can invest in not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. I am able to go online and read the information to decided what to buy and not have to go through any special
