Hello i would just like to comment on how unfair it is to individual investors that market makers and hedge funds can route trades through the dark pools as they see fit with no oversight. I would suggest that you eliminate dark pools and make the fines greater than the profit hedge made from the illegal the illegal trading activity. Jail time is needed for market manipulation and short positions
TO: All NASD Members and Other Interested Persons
LAST DATE FOR COMMENT: FEBRUARY 20, 1988.
BACKGROUND AND EXPLANATION OF AMENDMENTS
Under current NASD procedure, the Executive Committee of the NASD Board of Governors has been delegated the authority, pursuant to Article XI, Section 4 of the NASD By-Laws, to exercise the powers of the Board of Governors between meetings of the Board. Typically,
When used in these By-Laws, unless the context otherwise requires, the term:
(a) "Act" means the Securities Exchange Act of 1934, as amended;
(b) "Board" means the Board of Directors of FINRA Regulation;
(c) "broker" shall have the same meaning as in Section 3(a)(4) of the Act;
(d) "Commission" means the Securities and Exchange Commission;
(e) "
This is totally unfair and discriminatory against people with lower net worth and totally favors the well off and rich investment firms. Another far reaching restrictive proposal geared to keep the 1 percent in control of the financial system and its ability to generate wealth.
I am totally against this proposal.
I vote against this regulation due to the fact that it is controlling what investors are and are not allowed to put their money into.
It is my opinion that if you wish for investors not to have the ability to buy into these type of investments.
I suggest you take the entire type of investment off the market. Ban it from the entire system completely
Instructions For Completing Vendor Agreement
Here in USA we believe in freedom, and that it bears responsibility for your choices, including the potential loss of invested principal. While i'm not really concerned about a knowledge test (which i find tho useless, easy to cheat on and just another taxpayer and investor added cost), brokerage approval or certifying reading the materials, as we do believe education is important before
Executive Summary
FINRA’s Renewal Program supports the collection and disbursement of fees related to the renewal of broker-dealer (BD) and investment adviser (IA) registrations, exempt reporting and notice filings with participating self-regulatory organizations (SRO) and jurisdictions. During this program, FINRA announces renewal fees owed by BD and IA firms via Preliminary Statements issued
Retail investors deserve proper and timely disclosure of information, the amount of Information that is misreported is incredibly misleading. Please do something about this broken system, institute changes that bring positive outlook to the future of the stock market, for all participants.
