I'm an ordinary investor in my 50s and have been investing in leveraged and inverse ETFs for about a decade. As an adult and investor I should be able to invest in leveraged and inverse products without requiring me to jump thru hoops. Leveraged products should be treated like any other high risk stocks or instrument, i.e., raise the margin requirement but do not require any undue
This is proposal is another fine example of government intervention where none is needed. I know that this proposal is written by special interest groups driven by their profit motivation not for the best interest of the public. No one is going to invest in a leveraged fund unless they know what they are investing in. In no way should regulations require that investors go through any special
Under FINRAs potential regulations, if your investments are deemed complex you might be required to: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval from your broker Attest to reading certain materials Go through cooling off periods where you cant invest FINRA Should mind their own business and leave individual investors
TO: All NASD Members and Level 2 and Level 3 Subscribers
With the 49 issues joining NASDAQ's National Market System on Tuesday, July 10, there will be over 1,000 issues trading under real-time trading reporting. These 49 issues meet the SEC's voluntary designation criteria.
The securities scheduled to join NMS in July are:
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COMPANY
LOCATION
AELNA
AEL Industries, Inc. (Cl A
Proposed Rule Change Relating to Exemption from Reporting Obligation under Trade Reporting and Compliance Engine (“TRACE”) Trade Reporting Rules for Certain Alternative Trading Systems
I am writing to express significant concern with respect to regulations being considered by the Financial Industry Regulatory Authority (FINRA) that may restrict my ability to buy leveraged and inverse funds and dozens of other popular investments deemed by FINRA to be complex. Leveraged and inverse funds are very important to my investment strategies. I regularly use them to protect (hedge) my
Effective Date: May 1, 1995
SUGGESTED ROUTING
Legal & Compliance
Operations
Registration
Training
In early 1993, six self-regulatory organizations (the American Stock Exchange, the Chicago Board Options Exchange, the Municipal Securities Rulemaking Board, the National Association of Securities Dealers, Inc., the New York Stock Exchange, and the Philadelphia Stock Exchange) formed
In June 2007, FINRA (then NASD and NYSE Member Regulation)1 issued for comment proposed guidance regarding the review and supervision of electronic communications. FINRA received 16 comment letters, with a majority of commenters supporting the guidance.
WASHINGTON – The FINRA Board of Governors has appointed Deborah Bailey and Kathryn Ruemmler as new Governors. Bailey will serve as a public member, and Ruemmler as an industry member.
Bailey is the former Managing Director with KPMG's Financial Services Regulatory Practice, where she served as the U.S. and Global Leader for Regulatory Solutions Development. Prior to joining KPMG, she spent
