I was a previous financial advisor. We became heavily regulated back in the day. The rules are in place and I understand, however when you infringe on peoples personal rights to invest by taking it a step further with the rules and regs already in place, now you are constitutionally wrong with the publics freedom to make fair choices on their personal investments and limiting them in this
Bill Wollman is Executive Vice President, Office of Financial and Operational Risk Policy. In this role, he is responsible for FINRA’s policy and rulemaking efforts relating to broker-dealer financial responsibility rules, operational issues, customer protection requirements and margin standards. Mr. Wollman is one of the senior leaders who is responsible for leading FINRA’s response to firms
We desperately need more reporting, and ACCOUNTABILITY in our financial system. The public is losing all confidence in our financial system and are going to stop participating in a system that's rigged.
Summary FINRA is updating the set of interpretations of the margin rule. The new, updated set of interpretations is available on the FINRA website and is effective upon publication of this Notice. To assist members, FINRA is simultaneously making available a guide to the updated interpretations that includes a text comparison with the previous interpretations and other
Being that corporate America has a grasp on the stock market and can manipulate it and you as a politician can get insiders information as to what laws are passing and what PACs entice you where to vote by way of tempting gifts. Crypto is the way I can increase my financial future. I serious hope you consider how you vote as this is what many individual investors who found the benefit of
Please stop restricting investors from gaining access to ETFs with complex strategies including leverage and shorting sectors, stocks, commodities, etc. Increasing regulation just empowers the wealthy and financial organizations to be the only ones that can benefit from more diverse financial strategies which are needed especially now. I have built my retirement because of access to a broad range
SEC Approves Amendments to Establish Two Optional TRACE Data Delivery Services and Related Fees
The freedom to invest in a variety of financial products is paramount for those choosing this as a profession. Diverse investing is how many people make a living.
As with any form of employment, some excel and others find through experience they prefer other options. Not having choice would be disruptive to many livelihoods.
Like other jobs people get better through practice and pay taxes on
Dear FINRA,
I dont believe it is your right to give financial directions to retail investors. Inverse funds are part of my investment strategy. Just like larger institutions and high net worth individuals, I use these to hedge. It would not be considered a fair market practice if I am cut out from these investments due to my net worth or experience level. Again, FINRA or any regulators are in no
Comments:Given that it's been banks and wall street that has crashed the stock market numerous times with their wild gambling and poor planning, even though they're supposedly sophisticated traders with lovely certificates attesting to the fact, perhaps you should tighten regulations on the financial giants and leaches in the system before you go after the small people. Have
