Unless otherwise indicated, suspensions will begin with the opening of business on Monday, June 17, 1996. The information relating to matters contained in this section is current as of June 5, 1996. Information received subsequent to June 5, 1996, is not reflected in this section.
Firm Fined, Individual Sanctioned
Litwin Securities, Inc. (Miami Beach, Florida) and Harold A. Litwin (Registered
Remarks by Chairman and CEO Richard Ketchum at the FINRA Annual Conference
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to shorten the standard settlement cycle for most broker-dealer transactions.
Limiting the use of of leveraged, inverted or other funds deemed "complicated" is a gross disservice to the retail investor.
People should be allowed to invest their money however they see fit, and by taking these products off the market, you could actually cause more financial harm than you think you are preventing.
Imagine a scenario where someone is invested in a
I am writing in opposition to limiting, and/or curtailing, access to certain complex trades. Limiting access to the general public promotes a preferred class and thus discriminates. Mandating qualifications further promulgates class distinction, in the guise of evaluating financial literacy. It perpetuates an old-boy culture.
Free and open trade should be supported; not denied. Individual
We should be allowed to invest in funds we like to invest. all regulator should make sure that funds disclose their investment practice clearly and funds are not doing any fraud or providing miss information to investor. regulators should not discriminate small investors but provide all exceptions to big investors assuming they are very well educated and risk aware.. infect big investors are on
Dear Sirs,
In regards to the proposed ban on trading the ProShares funds, which include "inverse" tracking indices, I would like to express my discontent with any regulation that limits my freedom in trading financial instruments. Public investments, including "invers funds", need to be available for the general public to trade, not just privileged people
I strongly oppose FINRA efforts to curtail my ability to invest freely per current regulations in any publicly traded fund which I find suitable to my own financial goals. I have for two years developed an investment method, utilizing only the trading of leveraged funds, designed to provide retirement security and financial stability for myself and my two children. I do not require government
I would like to see automatic reporting of shorts and short interest and not self-reporting. I have a three year old and if I'd ask her to self-report when she does something wrong life would be peachy. The brokers, market makers and multitude of firms, funds, offices and other institutions have shown that they are unreliable or downright fraudulent when it comes to reporting. They should
I think retail is extremely desirous of seeing more frequent reporting and as much of that made publicly available as possible. At least of a weekly or bi-weekly basis. I believe the currently attempted short squeeze is bring to light that lack of transparency is being used to commit fraud and establish predatory roles against companies. The conduct of these financial professionals qualifies as
