The more rules the better on the Investment industry. Their only guiding principle is fleecing the flock of uninformed investors. No unproven 'vaporware' of 'investments' should be allowed without full SEC scrutiny. We do not need meme stocks, 'alternative' investments, gold, crypto and other risky investments with no underlying value to be
Leveraged EFTs are an important part to my portfolio. With them I am able to carefully gain exposure to the market at a reduced portion of my total invested capital. They make it possible to make use of leverage without going into debt. This is a great product that while risky is far less risky than an individual going into debt to achieve the same effect.
I'm invested in a few products that I signed onto prior to prototype development. some of them needed the startup capital to build the prototype in the first place. Some only work within a full network of prototypes. Requiring testing limits creativity only to those with significant resources. This negatively affects investors and inventors and undermines prospective small business
As a long-term holder of leveraged and inverse investment positions, I would vehemently oppose the removal of these investment vehicles.
These investments broaden my set of choices and exposure without requiring as much capital or the need for options trading.
The removal of options from a publicly traded market place deprives it of diversity. Diversity allows investors to better invest their
I oppose any restrictions that may unnecessarily eliminate or appropriate restrictions on investments being considered under SEC Proposed Rule #S7-24-15 to the extent that it provides a platform for intuitions to manipulate or gain advantage over retail investors. Free market capitalism should not be compromised by individuals fears or inability to educate oneself in an era of communication and
Executive SummaryThe purpose of this Election Notice is to notify firms of the upcoming elections to fill vacancies on the FINRA Regional Committees, and the mailing of ballots to eligible firms.As detailed below, the following seats are contested:Midwest Region Committee, District 4 representativeMidwest Region Committee, District 8 representativeNew York Region Committee, District 10
Summary
In February 2019, FINRA published Regulatory Notice 19-06, launching a retrospective review of Rule 4370 (Business Continuity Plans and Emergency Contact Information) to assess its effectiveness and efficiency (the BCP Rule Review). The COVID-19 pandemic, beginning in early 2020, caused unprecedented regulatory and operational impacts on member firms and other market participants, as
All capital acquisition brokers are subject to FINRA Rule 4111.
Adopted by by SR-FINRA-2020-041 eff. Jan. 1, 2022.
Selected Notice: 21-34.
The Best Execution, Outside Business Activities and Private Securities Transactions, Private Placements, and Reg BI and Form CRS sections of the 2023 Report on FINRA’s Examination and Risk Monitoring Program (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) regulatory obligations and related considerations, (2) findings and effective practices, and (3) additional resources.
Public GovernorFormer CEO, CalSTRSGovernor Since 2018Committees: Compensation & Human Capital Committee, Conflicts Committee, Finance, Operations & Technology Committee, Investment Committee (Chair), Regulatory Policy CommitteeProfessional ExperienceCEO, CalSTRS (2002 – 2021)Vice President, Great-West Life & Annuity Insurance Company (2000 – 2002)Colorado Public Employees
