I oppose restrictions on my rights to invest as I wish in public investments in regulated markets. I should be able to choose (without restriction) which investments are right for me, not just the privileged financial class. I shouldn't have to go through some special process or pass a test before having access to any public securities including, but not limited to: inverse funds, leveraged
I am against regulators limiting investors from trading leveraged and inverse funds. They provide me a useful way of hedging so I don't have to sell portions of my portfolio that have tax consequences. These funds also provide additional liquidity to markets allowing them to function. These types of funds are easy to understand so the public should not have to be accredited or pass any test
I believe that I - and not regulators with potential agendas should have the right to choose the public investments right for me -- and these shouldn't be restricted to just the privileged. I shouldn't need to go through any special process or testing before I can invest in public securities (such as leveraged and inverse funds) since I'm quite capable of understanding the risks
FINRA Reminds Alternative Trading Systems of Their Reporting Obligations
Comment Period Expires: February 16, 1998
SUGGESTED ROUTING
Senior Management
Corporate Finance
Legal & Compliance
Operations
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Trading
Executive Summary
On December 11, 1997, the National Association of Securities Dealers, Inc. (NASD®) Board of Governors approved the solicitation of comment on a proposed rule that would amend Rule 6530 to limit
TO: All NASD Members and Level 2 and Level 3 Subscribers
On Tuesday, May 17, 1988, the following seven issues are scheduled to join the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,945:
Symbol*
Company
Location
BOFR
TO: NASDAQ Subscribers and NASD Members
FROM: Molly G. BayleyVice President, NASDAQ Operations
NASDAQ market makers and NASD Members have expressed an interest in receiving copies of the Monthly Statistical Report to Issuers (MSR) on a regular basis. This Report has been compiled and sent on a monthly basis to NASDAQ company executives for several years. Each Report contains daily, weekly and
FINRA has taken disciplinary actions against the following firms and individuals for violations of FINRA rules; federal securities laws, rules and regulations; and the rules of theMunicipal Securities Rulemaking Board (MSRB).
FINRA 21-19 is a long overdue change. It is clear that the integrity of the United States market has been strained to the edge of disaster, in large part due to systemic risk developed under the regulatory authority of FINRA's outdated short interest reporting policy. While many of the policies mentioned in Regulatory Notice 21-19 address the general breadth of exploitable and ineffective
October 21, 2002NASD Provides Updated Guidance on OATS Reporting Responsibilities for Orders Executed in a Riskless Principal Capacity by Both Non-market Makers and Market Makers.BackgroundPursuant to NASD Marketplace Rules 6954(d) and 6955, all member firms must record and transmit to the Order Audit Trail System (OATS) specified information about, among other things, the execution of customer
