Mary Schapiro Remarks From SEC's Third Annual Senior Summit
SUGGESTED ROUTING*
Senior Management
Internal Audit
Legal & Compliance
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On September 15, 1989, the Securities and Exchange Commission issued Release No. 34-27249 containing proposed
I would like to See ALL Data daily regarding short positions. How is it that high frequency trading can be programmed to carry out millions upon millions of short transactions daily, but not able to simply submit data regarding those positions. They should be submitted daily along with darkpool positions. Transparency needs to become 100% as this will also help keep markets more honest because
I believe that you should leave well enough alone. If people want to trade ETF's or any leveraged fund let them. it's their hard earned money to do with as they please.
It is in the best interest of all participants invested in the stock market to have potentially influential information when making important, calculated, and delicate financial decisions. With additions made to FINRA's short sale reporting program, specifically the procedures as instructed by Rule 4560, a gob of data can capture the eyes of all investors to help make better informed
I should be able to buy whatever securities I like without any government interference. It's a free market and whatever securities that are available to corporations or billionaires should be able to me as well.
It is very important for private investors to have access to leveraged funds to be able to hedge better market swings, and as well being able to grow smaller portfolios over the long term
Everyone should have the ability to invest in products they believe offer favorable chances for returns. If this is removed from retail investor access it should be removed from access by institutions as well.
What specific FINRA rules should be a focus for modernization based on their economic costs and benefits; changes in markets, products, services, or technology; or otherwise? What groups of FINRA requirements should be a focus? Please include FINRA rules that may be mandated or derived from a statutory or other non-FINRA regulatory requirement applicable to FINRA or its members. Rules
It is important to allow the free market to stay free. Restricting retail investment simply make them view the market as rigged and they well In the long run stop investing all together.
