Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the provisions of FINRA Rule 2251 (Processing and Forwarding of Proxy and Other Issuer-Related Materials) relating to seeking reimbursement from issuers for forwarding proxy and other materials and to make minor conforming revisions
Outlaw all dark pools, synthetic shorts, and fail to delivers, or at the bare minimum require them all to be reported in realtime publicly. These are the bare minimum clear steps needed, or further info exposing the depth of corruption will be leaked, inevitably leading to global financial collapse.
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EXECUTIVE SUMMARY
The SEC has approved changes to the Uniform Application for Securities Industry Registration or Transfer (Form U-4) and the Uniform Termination Notice for Securities Industry Registration (Form U-5). The changes to Form U-4 include
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend Section 4(c) of Schedule A to the FINRA By-Laws to establish an administration and delivery fee for the new Municipal Advisor Principal Examination (“Series 54 examination”).
The Anti-Money Laundering (AML) section of the 2018 Report on Exam Findings informs member firms’ compliance programs by describing recent findings and observations from FINRA’s examinations, and, in certain cases, also providing a summary of effective practices.
I should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged. As a former Certified Financial Planner for nearly 30 years I know about market and investment risks and understand the complexity of trading leveraged investments.
I shouldn't have to go through any
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“Commission”) a proposed rule change to extend the current pilot program related to FINRA Rule 11892 (Clearly Erroneous Transactions in Exchange-Listed Securities) (“Clearly Erroneous Transaction Pilot” or “Pilot”) until April 20, 2022.
A member which does not maintain an office in the United States responsible for preparing and maintaining financial and other reports required to be filed with the SEC and FINRA must:
(a) prepare all such reports, and maintain a general ledger chart of account and any description thereof, in English and U.S. dollars;
(b) reimburse FINRA for any expenses incurred in connection with
This is ridiculous.
In the finance world, first I found the Pattern Day Trader (PDT) rule is ridiculous. If this is risky: when you don't have money (< $25,000), you cannot do it; when you have more money (> $25,000), you can lose them more quickly. It means you have a higher trial and error cost.
Now, the new rule is even more ridiculous, similar to PDT. People
"Complex products" are a valuable resource for investors for diversification of investment strategy and risk mitigation that should be available to all investors. The notice tries to draw parallels between option trading and "complex products", but there is a significant difference in the level of leverage and potential financial exposure between these
