It is a "free market", and hence I not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all the public, not just the privileged. 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. I have sat for
I am very concerned to hear that you, as a regulatory body, want to take away the option for investors to invest in inverse funds. These funds are and have been a big part of my investment strategies over the years as an investment option to protect my downside risks in periods of market volatility. I, as an individual investor, should have the option to choose what I want to invest in.......not
Dear FINRA Regulators, I write to express my objection to proposed Rule #S7-24-15. I should not have to be a member of an elite privileged group to use public investments like leveraged and inverse funds. These investment vehicles have been an integral, but limited part of my hedged portfolio. Depriving me of that choice does not reduce my risk but increases it. I have used leveraged and inverse
I am a private citizen who has been managing my own investment accounts for over 20 years. During those years I studied the markets and investment strategies. Initially I had to convince my brokerage firm, Charles Schwab, that I was qualified to trade options and inverse ETFs as well as futures contracts and manage my own accounts. It is very important to me that I be allowed to determine what
I should be able to choose which publicly traded investments are right for my investment objectives and not regulators. All people should have the ability to buy publicly traded funds and not just those who are at a certain net worth. I understand the way the funds I use work and the risks involved and do not need to pass a test to prove my proficiency. These funds help me protect my portfolio
Proposal to Delete Rule Series 3400 and IM-2210-4(b) as Obsolete
In 2009, the FINRA Investor Education Foundation launched the first national study of financial capability of adults in the United States. Since its start, the National Financial Capability Study has provided data on multiple indicators of capability, including financial behaviors, attitudes, and knowledge. National Financial Capability Study survey data is collected every three years. The 2024 survey, which was published in July, represents the sixth wave of data. This episodes dives into the report that serves as an important barometer of Americans financial health, and continues to be an essential resource for policymakers, researchers, financial firms, educators, and other stakeholders seeking to better understand and address the financial capability needs of Americans.
SEC Approves Amendments to FINRA Rules on Reporting Cancellations of Previously Reported OTC Trades in Equity Securities
FINRA Reminds Firms of their Obligation to Report Accurately the Time of Execution for Transactions in TRACE-eligible Securities
Executive Summary
On November 17, 2000, the Securities and Exchange Commission (SEC) adopted Exchange Act Rule 11Ac1-5 ("Rule"), which requires "market centers" that trade national market system securities to make available standardized, monthly reports containing statistical information about "covered order" executions. The Rule is intended to promote visibility
