Executive Summary
The purpose of this Election Notice is to notify FINRA small firm members of the distribution of ballots to elect one New York Region representative to the Small Firm Advisory Committee (SFAC). FINRA small firm members1 in the New York Region as of the close of business on Friday, October 21, 2022, are eligible to vote in these elections.
Ballots are due by Wednesday
I am bumping up against this issue on IBKR. When I invest, I like to be able to choose what I do - regardless of risk. I don't mind if the Brokerage wants to supply me with information, but I do not wish to be controlled. My financials are not controlled in other areas of my life and I can easily lose large amounts of money in many different ways. I am an adult; inform me, keeping
These regulations would not only be an unnecessary restriction on the free market, but they would give an even more marked advantage to those who are already wealthy, by allowing them exclusive trading options that are not allowed to the vast majority of the rest of us. American citizens are better informed on what investments are best for their specific situations than regulators are. Let them
November 2022
Background
In August 2021, FINRA launched a targeted exam (sweep) to review firms’ practices and controls related to the opening of options accounts and related areas, including account supervision, communications and diligence. FINRA’s review focuses on a cross-section of retail and diversified firms that offer options trading to their customers.
Below FINRA poses several
SUGGESTED ROUTING
Senior ManagementLegal & ComplianceMutual FundRegistration
Executive Summary
On January 18, 1993, the NASD's Board amended its Public Disclosure Program to make additional regulatory information on its members and associated persons available to the public. The Board's action will expand this program to include civil judgments and NASD arbitration
I personally (not Bloomberg, LP nor any of its affiliates) believe that this is a good thing. Anyone that has searched for 605 reports needs to traverse a series of websites to find this information. In addition can you please have the broker/dealers add a header row, or at least an off file guide to reading the data. A crib sheet is also needed to understand how to look at this information -
SUGGESTED ROUTING
Senior Management
Internal Audit
Legal & Compliance
Operations
Executive Summary
The Department of Treasury (Treasury) asked the NASD® to remind its members about regulations issued by the Office of Foreign Assets Control (OFAC). These regulations require broker/dealers to block1 accounts and other assets of countries identified as threats to national security
It is my opinion the markets should be as transparent and fair across all avenues. The lack of transparency and information tilts the scale away from the retail investor and in turn causes distrust towards further involvement. Short information should be required to be disclosed to accurately guage the status and balance of a trade, and to rule out any potential foul play or bad actors.
I am retired. I have been saving/investing consistently over the greater portion of my life. I have "various saving/investing buckets" of diversified monies/funds... conservative, moderate, aggressive, et al. My savings/investments are calculated/weighted with consideration to both the upside and downside potentials over a "longer-term-rather-than-shorter-term"
Board Re-Elects Chair, Re-Appoints Public Governors, and Approves Three Rulemaking Items
WASHINGTON—FINRA’s Board of Governors met on July 12-13 for the third time in 2023. During the meeting, the Board re-elected Eric Noll as Board Chair, re-appointed three public governors and approved three rulemaking items. The Board also continued its engagement with key stakeholders, hearing from
