Representatives of broker-dealers, investment advisers or issuers of securities must use the Form U4 (Uniform Application for Securities Industry Registration or Transfer) to be registered with the appropriate jurisdictions and/or self-regulatory organizations (SROs). FINRA, other SROs and jurisdictions use the Form U4 to elicit employment history, disciplinary and other information about individuals to register them.
I would like to see a more open and transparent market with instant short position reporting to the general public. I would also like to see instant reporting of any failure-to-delivers. I think this information should be public to any retail investor. I believe this will help limit manipulation and allow the market to be free and fair.
Accurate short sale tracking is important, but it’s only as useful as the information given on dark pool activities. Dark pool existence, and how those exchanges are able to integrate shares into major exchanges is beyond fraudulent. I appreciate your efforts, but share selling will never be put into check until dark pools are eliminated.
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EXECUTIVE SUMMARY
The Securities and Exchange Commission (SEC) in Release No. 34-30929 has announced the adoption of new temporary Rules 17h-1Tand 17h-2T establishing a risk assessment recordkeeping and reporting system for broker/
The Suitability section of the 2019 Report on Exam Findings informs member firms’ compliance programs by describing recent findings and observations from FINRA’s examinations, and, in certain cases, also providing a summary of effective practices.
We don't need additional regulations on leveraged funds, I want to maintain my freedom to invest in public securities of my choosing. It should be my decision what I invest in, not yours. I don't need you to decide what is suitable for me. If information provided by sellers is truthful you have done your part and it is up to me to decide what investments I wish to make.
I do not support this regulation. I trade stocks for a living and these vehicles are vital to my ability to make a living. Regulations restricting leveraged and inverse funds are onerous and unnecessary. There are more than enough disclosures required by brokers that can inform the retail investor. These actions will only enrich an already highly-profitable financial industry through the forced
Investors should be able to determine if they want to use leveraged and or inverse funds, or any other type fund for that matter. The information is available to make an educated decision on my own, I do not need regulators to make this decision on my behalf.
There are risks with any investment, that is why there are returns to be had. Investors need to exercise good judgement. Do not remove my
I strongly oppose additional regulations that would limit my ability to make my own investment decisions and manage my own risk. The existing requirement to provide a prospectus already provides investors with adequate risk information, however, I suggest adding content to the prospectus rather than creating burdensome new requirements that seem intended to discourage a particular type of
It is not the role of regulators to allow what investors can or should invest in. Regulators should however look at conflicts of interest, such as congressmen and women trading individual stocks. Dont limit the options of everyday investors who are already at a disadvantage. Regulate the advantaged (make hedge funds report more information, ban individual stock trades for congress, etc.) and
