I oppose restrictions on my right to invest in vehicles that are of my own choosing, and I do not believe FINRA should be able to dictate to me about the use of my own money. I am capable of understanding public investment vehicles and I should not have to pass some sort of test in order to invest in them. Inverse funds play an important role for me to be able to hedge other long investments, and
I want to be able to decide for myself whether a particular leveraged or inverse investment vehicle is appropriate for my investment strategy. Although I have a middle-income-level job, I do not feel that I should have to submit to some kind of FINRA-mandated means testing or other qualifying criteria to invest in leveraged or inverse investment products. .
I have invested in some of these
Regarding your considered regulation, I strongly oppose having index and reverse index ETFs having anything to do with it.
While I see some merit in making sure retail investors fully understand risks before directly trading on margin or shorting a stock, the proposal to restrict index/reverse index ETF investors is completely meritless; theres no specialized knowledge required to let the ETFs
As an investor who has made use of inverse funds, including leveraged funds, over a period of approximately 20 years, I strongly oppose the restrictions and regulation described in this rule with respect to such funds. I am a seasoned investor and am fully capable of evaluating the characteristics, risks, advantages and disadvantages of inverse funds, leveraged or otherwise. I do need a nanny
The FINRA Board of Governors is holding its final meeting of the year, with Board committees giving consideration to multiple issues.
SummaryFINRA recently held annual elections to fill vacancies on the Small Firm Advisory Committee (SFAC) and the Regional Committees, and, at its December meeting, the FINRA Board of Governors (FINRA Board) appointed several individuals to fill vacancies on the SFAC and the National Adjudicatory Council (NAC). This Notice lists the individuals recently elected and appointed to the SFAC, Regional
FINRA Firm Grouping Member Forums are one-day free events designed to provide financial professionals associated with FINRA member firms the opportunity to engage in key discussions with FINRA staff and connect with industry leaders and peers. The forums also include thoughtful discussions around the future landscape of the financial services industry and provides opportunities to meet one-on-
Reporting of Criminal Offenses
Effective Date: July 15, 2002
SUGGESTED ROUTING
KEY TOPICS
Executive Representatives
Legal & Compliance
Operations
Senior Management
Rule 3070
Reporting Requirements
Executive Summary
On May 15, 2002, the Securities and Exchange Commission (SEC) approved amendments to NASD Rule 3070, concerning the reporting of criminal
FINRA 21-19 is a long overdue change. It is clear that there is a systematic flaw in the United States market that if continued, will lead to disaster. A large part of this issue is the outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective reporting, they also leave significant specific
I am a retail investor. I believe OTC options trades are a great systemic risk as they are not properly regulated. As FINRA is an SRO I believe it should be required that all OTC options chains be publicly disseminated in order for regulatory integrity and public trust to be maintained. In order to maintain competitiveness and not price smaller firms out of the market, FINRA should create a
