I do not feel there is a reason for additional requirements for investing in any public investments. I don't believe I should have to take classes or any other requirement in order to invest in any type of investment especially leveraged and inverse funds. There is enough information and restrictions provided by Brokerage houses.
NASD has filed with the SEC a proposed rule change to require members to review and, if necessary, update their executive representative designation and contact information on a quarterly basis.
Would like to see real time short interest information in regards to short positions and calls/puts, and failure to delivers on at least a t-3 system if not end of day by 6pm. This would encourage a far more fair and transparent market for retail traders.
PLEASE NOTE: 144A Data is included within the definition of “Systems” in Vendor Agreement v.7.1
I’m in full agreement with most of the changes you have added above. Naked shorts and FTD are reeking havoc on price discovery and there’s little to no visibility on this type of data. Without information and transparency we can’t have a truly free market.
I would like to point out two proposals that I absolutely think must be accepted. The others are still very good to increase accountability and reestablish some semblance of trust. "Synthetic Short Positions: In addition, FINRA is considering requiring firms to reflect synthetic short positions in short interest reports. For example, enhanced short interest reporting could include synthetic
NASD has filed with the SEC a proposed rule change to amend NASD Interpretive Material 8310-2 ("IM-8310-2") regarding the release of disciplinary information to the public.
GUIDANCE
Sanction Guidelines
Effective Date: March 15, 2005
SUGGESTED ROUTING
KEY TOPICS
Executive Representatives
Legal & Compliance
Senior Management
Registered Representatives
NASD Sanction Guidelines
Institutional Sales Material
and Correspondence
Telemarketing
Research Analysts and
Research Reports
Executive Summary
This Notice advises NASD members of modifications to the
FINRA
FINRA publishes a weekly newsletter (the weekly update) containing its rule proposals and notices of rule approvals with effective dates. FINRA provides an email subscription service for the newsletter as well as other communications. FINRA also maintains a catalog of social media and RSS feeds.
FINRA CAT LLC
FINRA CAT LLC provides an RSS feed of its website updates
Proposed Rule Change Relating to Test Results Information on the Content Outlines of FINRA Qualification Examinations
