This notification is to warn member firms of an ongoing phishing campaign that involves fraudulent emails purporting to be from FINRA and using either the domain name “@finra.eu” and “@finrarec.com”. Samples of both emails are provided in Appendices 1 and 2.
The domains of “finra.eu” and “finrarec.com” are not connected to FINRA, and member firms or their customers may receive similar phishing
Short interest needs to be reported everyday, just like volume and institutional holdings this is vital information to prevent over shorting a stock or non compliant behavior that limits price discovery and normal market dynamics.
Inverse funds are part of an important strategy for ordinary people to hedge against bear market conditions, an environment where ordinary people have very little option for protection. Do not take this option away from well educated and well informed investors.
Effective July 1, 2024, The FINRA Product Management department will be renamed to FINRA Client and System Management (CSM). This change will have no systemic effect for users interfacing with FINRA; only the Product Management departmental name and the email link to reach the group will be modified as described in the table below. All client documentation such as FIX, TRAQS,
Please do not limit or restrict my rights to invest in public securities. Such investments should be available to all and not limited to those privileged by regulation. All investments have risk and transparency, information and education are preferred over regulations restricting or eliminating individual rights.
Of course it is important that investor have access to all the information and risks associated to an investment and the marketing of Investment vehicles must be strictly regulated to ensure that people are not incorrectly enticed into inappropriate investments. But the right to chose what investments are right for oneself is critical and must be protected.
Please do not limit access. There is already significant extra information provided before being able to invest, and these funds provide easy access to a more efficient use of capital for younger investors, providing a larger set of assets on which I will pay taxes in the future.
The additional transparency and short interest reporting rules that FINRA is proposing are a welcome start. All short interest reporting should be made available to the public for 2 reasons. First, this information directly impacts all investors. Second, it is clear that there is no way possible for FINRA, SEC or any other regulator to police the markets. By making all reported short interest
Short interest should be live data. There is no excuse in this day and age for up to date information available at the touch of a button. The fact we have to wait 2 weeks for this and the information is already 2 weeks out of date just screams that there are underhanded things afoot. Large institutions and hedge funds have an unfair advantage over retailers as they have better access to more data
Reiterating what another commenter said: “ The proposed amendment to FINRA 4560 is a laughable attempt at improving naked short selling internal control measures, actual regulatory action, or really any kind of further obligation on the part of the involved broker-dealers. There have been hundreds if not thousands of regulatory "actions" taken by FINRA related to short sale, and
