Customers who pursue civil remedies or arbitration claims against investment professionals cannot always recover on their judgments or awards. Customers encounter this challenge across the forums in which they may pursue action— whether state or federal court, a dispute resolution forum administered by a regulator, a private arbitration venue, or otherwise — and across the range of financial
I would call myself a KNOWLEDGEABLE investor. I use a SMALL PERCENTAGE of my investable funds to sometimes buy inverse (or bear market) funds that are leveraged, as these leveraged funds are often the only ones available. I current own shares of SCO (a 2X leveraged bear fund based on the price of oil). While these funds are certainly not for everyone, my ability to invest in them should NOT be
Why has this troubling threat of severe restrictions shown up again to damage retail investors- many of whom are middle-class hard-working law-abiding Americans- by trying to take away the ONE SINGLE WAY we have to create decent financial protection and secure retirement for ourselves? The mega-money people in the Wall Street game have their insider information, algorithms, and just-this-side of
Improving the amount, quality, and timeliness of publicly available data from financial institutions and markets is absolutely crucial to providing a free and fair market. I support any and all changes that would enable such improvements. There is no legitimate reason for so much of the financial reporting to be, at best, hidden from public view…and be, at worst, outdated to the point of
Transparency in every corner of financial reporting is REQUIRED... NO EXCEPTIONS! Any changes within short sale reporting should spread more transparency and penalties for inaccuracies whether, intentional or not should be heightened to maximum. Financial white collar crimes are not taken serious enough
Regulatory ObligationsSEA Rule 15c2-11 governs the publication or submission of quotations by broker-dealers in a quotation medium other than a national securities exchange (i.e., the OTC market).1 The rule generally prohibits a broker-dealer from publishing a quotation for any security in a quotation medium unless the broker-dealer has reviewed current and publicly available information
Good morning,
I am writing to discuss the impact that limiting leveraged funds would have on me as a private investor. I, as a private investor, feel confidently that I have the knowledge and experience to make personal decisions of how I invest my own money. I do not feel that it is in the purview of regulators to make determinations as to where and how I am able to use money for long-term and
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Senior ManagementInstitutionalLegal & Compliance OperationsSystemsTradingTraining
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On September 18, 1990, the Securities and Exchange Commission (SEC) approved an NASD proposal to require market makers in NASDAQ to display quotation size greater than or equal to the
I oppose any regulations that affect my choices on which funds I can buy. I am a responsible adult and make financial decisions for me and my family. Funds should be available for anyone to buy, not just the wealthy or privileged. I should not have to go through special processes or jump through hoops in order to buy funds that support my financial plan. I am capable of understanding leveraged
SUGGESTED ROUTING
Senior Management
Internal Audit
Legal & Compliance
Operations
Trading
Executive Summary
The Department of the Treasury (Treasury) recently announced a delay in the effective date for certain amendments to the Bank Secrecy Act (BSA) that were scheduled for January 1, 1996. The amendments, which require broker/dealers to comply with additional recordkeeping
