Dear FINRA,
Please do not remove my right to purchase leveraged ETFs. The general public should not be required to have special privileges to have access to these financial instruments. Although these are complex trading instruments, they pose no more risk than many other securities that already available to retail investors.
Regulations should not be made to 2X funds, especially those that are
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adjust FINRA fees to provide sustainable funding for FINRA’s regulatory mission.
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 of Schedule A to the FINRA By-Laws to: (1) revise the fee for the Regulatory Element of continuing education (“CE”); (2) establish the fee for individuals who elect to maintain their qualification following the termination
There must be better Regulation on Regulators. The system is broken from the top. There is a revolving door of regulators coming from financial firms that have competing interest. The SEC suit against Ripple is an example. Commissioners and Directors have competing interest and it is pensioning our economy. Our Senators and Congress people suffer from the same revolving door. The Public has no
Short interest should have 100% reporting daily. T+2 gives an unfair advantage to hedge funds. There also needs to be transparency with synthetic shorts. They do exist and its also an unfair practice. Fines should exceed the amount of fraud or manipulation. Small slaps on the wrist do absolutely nothing. A 10 million dollar fine on manipulation that made a financial institution 80 million dollars
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The Securities and Exchange Commission recently approved revisions to several of the NASD's qualification examinations. These changes become effective January 1, 1990. The revised examinations include the following:
Investment
FINRA is committed to ensuring that all respondents are treated fairly in expedited proceedings. Below, you will find brief answers to a number of questions frequently asked by respondents. We hope these answers will be helpful in orienting you to the process for expedited proceedings.
FINRA’s expedited proceedings are governed by the Rule 9550 series of FINRA’s Code of Procedure and FINRA Rule
This notification is to warn member firms of an ongoing phishing campaign that involves fraudulent emails purporting to be from FINRA and using the domain name “@rfs-finra.org”.
As noted in Regulatory Notice 10-22 (Obligations of Broker-Dealers to Conduct Reasonable Investigations in Regulation D Offerings), as part of their obligations under FINRA Rule 2111 (Suitability) and supervisory requirements under FINRA Rule 3110 (Supervision), firms must conduct a “reasonable investigation” by evaluating “the issuer and its management; the business prospects of the issuer; the assets held by or to be acquired by the issuer; the claims being made; and the intended use of proceeds of the offering.”
Hi FINRA, what were seeing in the stock market is unprecedented. 71 percent dark pool volume for AMC from the same people that have a short interest. This is unacceptable in any “free and fair market”. Short selling is a cancer on the back of the US financial system and has adverse effects on the rest of the world. We need more transparency from the “too big to fail” players in the market and
