Hedge funds, corporations, and other institutions have information and resources far beyond what the retail investor can access. Not only are these entities over leveraged compared to retail, some use their advantages to break laws and/or tilt the market in their favor. Incorrect marking of a position as long when their short. Continuous fail to delivers because of naked shorting. Trading in dark
The majority of investment professionals are trustworthy individuals who act with integrity. Unfortunately, some are not. Certain behaviors that FINRA has observed raise red flags and often warrant disciplinary action. Here are five behaviors that should have you asking questions.
Exemptive relief is granted based on: the representations that the contributions were made prior to employment; the individual did not engage in the solicitation of, or have involvement in, municipal securities business (as defined) for the prior six years; the firm had no knowledge of the contributions at the time they were made; the firm has established detailed and comprehensive compliance procedures and has developed information barriers surrounding the solicitation of certain municipal securities business.
Following are "Frequently Asked Questions" regarding the Order Audit Trail System (OATS).
SEC Approves Amendments to Modernize and Simplify NASD Rule 2720 Relating to Public Offerings in Which a Member Firm With a Conflict of Interest Participates
(a) In response to a written inquiry, electronic inquiry, or telephonic inquiry via a toll-free telephone listing, FINRA shall release through FINRA BrokerCheck information regarding:(1) a current or former FINRA member or a current or former member of a registered national securities exchange that uses the Central Registration Depository ("CRD") for registration purposes ("CRD
Dear FINRA Committee members, It is this commenter's genuine hope that short selling is banned as it serves counter-purpose to the two primary functions of the Stock Market, Capital Allotment, and Price Discovery. As such an act would likely remove the need for FINRA, and it is unjust to request this forum to consider self-destruction. Instead, this comment hopes to serve as a basic appeal
Collection of customer information from account application forms.
(a) GeneralExcept as otherwise provided by paragraph (b) of this Rule, each general securities member shall, with a frequency of not less than once every calendar quarter, send a statement of account ("account statement") containing a description of any securities positions, money balances, or account activity to each customer whose account had a security position, money balance, or
As a retail investor the main comment I have about our regulatory system relative to the markets is the penalties need to fit the crime. As it stands our penalties are nothing more than a small cost of business, and profits made far exceed the fines. How do you expect to deter illegal behavior if the penalty for committing it is less than a poke in the chest?? Increase the fines to double or even
