The applicability of Section 40 (Rule 3040) to situations in which a financial plan is delivered to a customer without an execution of a securities transaction.
Summary
FINRA has amended its Codes of Arbitration Procedure for Customer and Industry Disputes (Codes) to apply minimum fees to requests for expungement of customer dispute information, whether the request is made as part of the customer arbitration or the associated person files an expungement request in a separate arbitration (straight-in request).1 The amendments also apply a minimum process
FINRA is reviewing retail municipal securities transactions. In connection with this review, we request your firm to produce the following information relevant to retail customer municipal transactions by your firm for the period from January 1, 2009 through March 31, 2009.
Exemptive relief is granted based on representations that: the MFP and his spouse each intended to contribute $250 to the Candidate’s campaign; the MFP had pre-cleared a $250 contribution to the Candidate according to his Firm’s policies and procedures; the Firm identified the contribution through its supervisory process; the MFP requested and obtained a refund of the contribution; the Firm directed the Associate to refrain from certain communications involving the subject issuer; and the $500 contribution by the MFP and his spouse would not have triggered a ban on municipal securities business if the MFP and his spouse had both signed the check from their joint account or if they had written separate checks.
Fluctuation of market indexes and stock prices is normal, with gains and losses occurring daily. This movement is called volatility; the greater the price swings, the higher the level of volatility. However, there are guardrails in place that help protect securities markets against periods of extreme volatility.
Reporting Requirements for Settlements of Customer Disputes Involving Auction Rate Securities
How is owning a security a bigger threat than owning a firearm? Currently I dont have to take any tests or demonstrate any knowledge to own a firearm or ammunition, and any risks involved with gun ownership the government considers acceptable. So how exactly does these new rules protect me? I dont see how the government can tell me Im competent enough to own a firearm and ammunition but not a
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REQUEST FOR COMMENTS
EXECUTIVE SUMMARY
The NASD invites comments on a proposed rule that would restrict the
I'm troubled to learn that my access to invest in leveraged funds me be significantly hindered, if not outright prohibited. Those who are investing directly in the market can see for themselves how certain assets are performing and can put protections in place to guard against significant losses. It should be up to the the investor, not a bureaucrat what risks he or she wants to take. Please
I often make use of "complex" investments for trades, including leveraged and inverse funds. No one is forcing me to make these decisions. I am capable of making these choices and am responsible enough to accept the consequences. I'm a small investor/trader and would be seriously hurt if you change the current rules. Please do not add unnecessary, complicated regulations to trading
