FINRA is amending its TRACE Data agreements, including the Vendor Agreement, the Non-Real-Time TRACE Data Agreement, the Historic Data Agreement and the Academic Corporate Bond TRACE Data Agreement, to update the procedures for notices required or permitted under the agreement to, among other things, allow notices to be sent via email. In addition, other amendments are being made to correct typos
To Whom It May Concern, I have seen first hand the impact of false information devastate retail stock investments. Without real integrity, the small individual like myself, will not only be disheartened, but disillusioned with market. How can we possibly compete in a fair and just market when the lack of transparency means you will never have a level playing field. Please, please make every
More in-depth information should be readily available, and the loop holes that exist be closed or at least monitored better. Regularly audit the reported positions to ensure the self reporting is accurate and fine (or penalize in a way that will actually deter the same actions in the future) entities that misreport. This would include going deep to ensure that no shorts are being hidden in long
All short sale information should be available to all traders! ALL of it! Also, Dark Pools should be outlawed. Or at least, if blocks are bought on a dark pool, they should reflect the price on the retail charts. No more secrete crooked trading! OR, they should not be allowed to buy in a dark pool just to resell on the open market just to push a price down on a stock. Everything needs to start to
We must end dark pool trading. HFT's are using these dark pools to hide real numbers from the exchange as well as buying shares within dark pool to sell off en masse on the lit exchange (NYSE). While dark pools are legal and we understand it's real purpose of keeping large investor information off the market until their buy in has settled, it has turned into a way to disguise corruption
I believe, along with many others that requiring firms to report short interest data more frequently, along with more precise FTD, settlement, and threshold list information will level the playing field between large institutions and the ever growing retail trader crowd. With more technology allowing the average person to invest for themselves I believe these changes are now necessary to instill
(a) Pursuant to the Rule 9600 Series, the staff for good cause shown after taking into consideration all relevant factors, may exempt, upon application and subject to specified terms and conditions, a member alternative trading system ("ATS") from the trade reporting obligation under paragraph (b) of Rules 6282, 6380A and 6380B, if such exemption is consistent with the
Form CMA is organized by 14 standards for admission as set forth under Rule 1014(a) and specifies the documents and information required to support each standard. The items listed in this checklist are also organized by standard and focus on the standards and their related documentation and information that an applicant may inadvertently overlook when submitting the application. Firms should treat this checklist as a starting point for preparing Form CMA. Firms are advised to review the rules applicable to a CMA, including Rules 1014 and 1017, together with Form CMA. During the course of the review process, FINRA may request additional documents and information as necessary to render a decision on the application.
To conduct securities transactions and business with the investing public in the United States, both firms and individuals must be registered. Those who wish to become registered must file Form BD (the Uniform Application for Broker-Dealer Registration) with the SEC, appropriate self-regulatory organizations (SROs), including FINRA, and jurisdictions.
Form BD must first be submitted
The Reg BI and Form CRS topic of the 2025 FINRA Annual Regulatory Oversight Report (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) regulatory obligations, (2) findings and effective practices, and (3) additional resources.
