FINRA Reminds Firms of Their Obligations Under SEC Rule 15c2-11(a)(4)
As a retail investor, I am concerned about the fairness of the current financial system. Having read many theoretical posts on r/Superstonk about the economy and doing my own research, I believe that more regulation on shorting is necessary in order to avoid the unfair devaluation of companies and protect smaller companies from its effects. In particular, more needs to be done about Fail-to-
TRACE Usage Reporting Policy
Remarks by Richard Ketchum From the NACUBO 2014 Endowment and Debt Management Forum
Public GovernorStrategic Advisor, Humana, Inc.Governor Since 2021Committees: Audit & Risk Committee, Compensation & Human Capital Committee, Finance, Operations & Technology Committee, Regulatory Oversight Committee Professional ExperienceHumana, Inc. (2017 – present)Chief Technology and Risk Officer (2019 – 2021)Chief Risk Officer (2017 – 2019)Capital One
The following frequently asked questions (FAQs) provide guidance on FINRA Rule 2111 (Suitability). This document consolidates the questions and answers in Regulatory Notices 12-55, 12-25 and 11-25, organized by topic.
I want to see more fairness in the market. I want the T-2 system abolished. I want more accurate reporting of any/all trading. I want the big corporations to back off the little guy.
These report cards assist NYSE-reporting firms in monitoring compliance with NYSE Rule 123(e) and (f), which requires NYSE-reporting firms—immediately after receiving an order on the floor—to submit the order information to the FESC database before the orders are represented on the floor.
I understand that you are trying to place these restrictions on the sale of complex securities to protect consumers, and I support warning systems that prevent scams and fraud, but I think it is best to let non-accredited, private investors make their own investment decisions at the end of the day.
Government is never very good at fixing a broken system..
However, ..Now the Govt is trying to fix something that is not broken and will more than likely cause issues that never existed before the regulations proposed.
The outcome will likely hurt investors.
