Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to provide members with additional time to migrate their trade reporting processes to connect to TRACE through a permissible means other than Computer-to-Computer Interface (“CTCI”).
Exemptive relief is granted based on: the representation that the acquiring firm did not engage in the soliciation of business and the individual was not, at the time, considered to be an MFP as defined; the acquiring firm did not have knowledge of the contribution and the contribution has been returned; the municipal securities business relationships of the acquired firm were long standing and existed prior to the contribution; the firm has instituted extensive information barriers on certain municipal business communications; the individual involved will be prohibited from the solicitation of new municipal securtiies business for a period of time.
FINRA Requests Comment on Proposed Amendments to NASD Rule 2340 to Address Values of Unlisted Direct Participation Programs and Real Estate Investment Trusts
If you read the Regulatory Notice 12-38 regarding FINRA's Short-Interest Reporting Rule, you'll come across this particularly relevant question in the FAQs. Q7. How should a firm reflect fractional shares in its short-interest reports? A7. If a firm has a fractional short-interest position (e.g., 125.6 shares), it should truncate the position to reflect a whole number when reporting
Dear Sir/Madam
Im invested in PSQ and Dog as an insurance policy and investment tool against market declines. It might or might not work out for me as an investment. That makes it no different to me than equities themselves, so I dont understand why I should be restricted from owning while others could. Please do not enact a rule that takes this option away from me and others.
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EXECUTIVE SUMMARY
The Securities and Exchange Commission (SEC or "the Commission") recently issued Release No. 34-29094 adopting amendments to Rule 15c2-11 ("the Rule") that became effective June 1, 1991. This is an
NASD has filed with the SEC a proposed rule change to amend NASD Interpretive Material 8310-2 ("IM-8310-2") regarding the release of disciplinary information to the public.
Application of <em>NASD Notice to Members 90-52</em> to member firms that do not recommend securities transactions to their customers, but limit their business to accepting unsolicited orders from customers (under former Article III, Section 2, now Rule 2310).
As someone who has invested in the markets my whole life this proposed rule is just wrong. The only reason to do such a thing is to not let small individual investors control the money they have. It is the individuals right to invest as they wish and deal with whatever gains or loses they end up with by the decisions they make. It is American as it gets, the pursuit of life liberty and happiness
I would like you people to explain to me why you think you and biden should have sole access too the high yield investments and leave us working people the low yield paper? Do you really believe exclusion can be legislated for your benefit only (the rich)? Take your Rule #22-08 and stick it as Johnny Paycheck use to say!
