I'm 68 years old and have been self-employed for most of my working life. Being self-employed means investing in various IRA, SEP, Self-Employed 401K plans, etc., which I manage myself and have for several decades. The very last thing I need is for government regulators tell me I can no longer have access to leveraged and inverse funds. These investments are a large part of my
I am appalled that the SEC thinks they have the right to tell how and when is acceptable for me to invest in any instrument. I am a frequent investor in leveraged and inverse funds and demand that you take no actions that infringe in any way on my ability to continue to do so. These investments should be available to all, not just to a privileged few. I insist that you drop all planned actions
FINRA, taking such action by instructing ordinary investors that "we are not sufficiently sharp" to comprehend our investment portofolio, opportunities and our planning is a "bridge too far". FINRA, stay out, it is not needed and if this is part of the ESG movement, focus on yourselves. Let us be!! We are free to chose our own course and our own investment
Firms have shared the following ways they have used prior FINRA publications, such as Exam Findings Reports, Priorities Letters and Reports on FINRA’s Examination and Risk Monitoring Program, to enhance their compliance programs. Firms may consider these practices, if relevant to their business model. We welcome feedback on how our firms use FINRA publications.Assessment of Applicability:
The Liquidity Risk Management section of the 2022 Report on FINRA’s Risk Monitoring and Examination Activities (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) relevant regulatory obligations and related considerations, (2) exam findings and effective practices, and (3) additional resources.
As Senior Vice President – Strategic Regulatory Engagement, Alex Ellenberg is responsible for providing guidance, counsel and analysis to the leadership team and various Market Regulation and Transparency Services (MRTS) groups regarding a wide variety of strategic, operational, regulatory, risk and compliance functions and activities. He also supports and provides strategic risk analysis to the
Proposed Rule Change to Extend the Effective Date of the Trading Pause Pilot
You need to increase fines for non-reporting of short positions. The current plan is not even comparable to a slap on the wrist for the large hedge funds. It would more than likely hurt them less to pay the fines than to actually report on their short positions. As for the frequency of reporting, daily with full transparency in all aspects of the market would be appreciated but impossible. Also
Eileen Famiglietti, Vice President, Enterprise Risk Management (ERM), leads the ERM program, which provides transparency around the enterprise-level risks FINRA faces in the execution of its mission, strategic goals and key business objectives. The program helps inform FINRA's strategic planning, budgeting and resource allocation processes, as well as its decision making. She oversees the
Download PDFs or order printed copies of our materials today—and expand your knowledge to become a smarter investor.
