This is a bad idea, more rules will not help anything. Messing with the free markets is what got us into this mess in the first place.
Please DO NOT alter present (as of May 3, 2022) regulations and/or rules regarding investing in leveraged and/or inverse funds.
This is unfair rules the regulars are trying to enforce. What would their reason for this, they dont have the right to block consumer to buy and sale.
The Private Placements section of the 2022 Report on FINRA’s Risk Monitoring and Examination Activities (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) relevant regulatory obligations and related considerations, (2) exam findings and effective practices, and (3) additional resources.
This rule change is long overdue for the sustainability and transparency of the markets.
I think its a dumb rule. People take out margin and risk owing the brokerage. Levered funds remove that risk
Each member shall submit trade data specified in Rule 8211 in automated format as may be prescribed by FINRA from time to time with respect to any transaction or transactions involving non-exchange-listed securities as defined in the Rule 6400 Series that are the subject of a request for information made by FINRA. Pursuant to the Rule 9600 Series, FINRA may exempt a member from the requirement
NASD has filed with the SEC a proposed rule change to the Code of Arbitration Procedure to permit parties in an arbitration to communicate directly with the arbitrators if all parties and arbitrators agree, and to establish guidelines for such direct communication.
I do not need my hand held when it comes to investing. This ruling is ridiculous. You are threatening my livelihood with these recommendations.
THIS PROPED RULE IS OVER STEPPING AND OVER BEARING ! PLEASE TAKE A HOLD OF SOME ADULT COMMON SENSE ! JIM RECH
