I disagree with the proposed rule in FINRA Regulatory Notice #22-08. 1. I should be able to invest in public securities as an individual investor, including leveraged and inverse funds without any barriers. 2. Brokerages can provide disclaimers, notices, and education to individuals however, these should not be a condition for investment or used as a barrier to entry. 3. Regulatory oversight
Exchange Act Rule 15c3-5 (Market Access Rule) requires broker-dealers with market access or that provide market access to their customers to “appropriately control the risks associated with market access so as not to jeopardize their own financial condition, that of other market participants, the integrity of trading on the securities markets, and the stability of the financial system.”
To Whom it May Concern,
One of the beautiful and necessary conditions of good investment options is a free market. A free market allows all people the opportunity to invest in the same equities - whether you are a millionaire or a recent high school graduate with your first part time job. Pro Shares provides the everyday man the ability to invest in inverse funds and balance their portfolios as
Dear FINRA,
I think the current rules for investors are sufficient and there should not be more regulations placed on people in making investment decisions. I believe the vast majority of investors understand the risks of being in the market. Leveraged investments and those for accredited investors provided needed capital and are valuable tools in managing risk in a portfolio. Investors do not
I am highly concerned about FINRA Regulatory Notice #22-08 because it could negatively impact the time and effort I have put into managed my leveraged portfolio. By imposing rules that restrict the freedom of my financial decisions, the regulation will make generalizations about who is sufficiently knowledgeable about leveraged products to use them properly. Adding special hoops to jump through
When large investors can break the law and set up naked shorts,it's not only wrong and immoral but it shows the system can easily be manipulated by powerful corrupt hedge funds and allows them to ignore any steps the rule makers such as yourselves make,which then shows that they have you in their pockets and any fines are clearly not making any different. As one of millions of retail
The Customer Complaint Report is a quarterly report that displays trends in complaints reported to FINRA's Rule 4530 Application each quarter, pursuant to FINRA Rule 4530. Note: prior to July 1, 2011, complaints were submitted pursuant to NASD Rule 3070 and NYSE Rule 351. When a customer complaint is submitted to FINRA, the submitter must identify the product and problem
This Report highlights FINRA’s regulatory operations programs’ expanded focus on ongoing key areas of risk to investors and the markets:
Reg BI and Form CRS
Regulation Best Interest (Reg BI) and Form CRS remain areas of focus across FINRA’s regulatory operations programs. FINRA’s reviews of member firms’ adherence to their obligations pursuant to Reg BI and Form CRS address a number of areas,
Sec. 2. No member shall use the name of the Corporation except to the extent that may be permitted by the Rules of the Corporation.
Amended by SR-NASD-2007-023 eff. July 30, 2007.
Amended by SR-NASD-97-71 eff. Jan. 15, 1998.
No person associated with a capital acquisition broker shall participate in any manner in a private securities transaction as defined in FINRA Rule 3280(e).
Adopted by SR-FINRA-2015-054 eff. April 14, 2017.
Selected Notice: 16-37.
