As a retired RIA (registered investment advisor) I have witnessed the effects of accredited investor rules first hand. From my experience with my clients those types of requirements do nothing to protect the investor, or ensure they understand the investments they are making. I have seen high net worth, high income individuals make horrible investment decisions. And I have seen individuals who
SUGGESTED ROUTING:*
Senior ManagementLegal & ComplianceOperationsTraining*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Securities and Exchange Commission has approved amendments to the Interpretation of the Board of Governors — Forwarding of Proxy and Other Materials, Article III, Section 1 of the NASD Rules of Fair Practice
SUGGESTED ROUTING*
Senior ManagementLegal & ComplianceOptions
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Securities and Exchange Commission recently approved amendments to Appendix E to Article III, Section 33, of the NASD Rules of Fair Practice. These amendments will require members to develop and maintain written
April 2014 Supplement to the Security Futures Risk Disclosure Statement
SEC Approves Amendments to Publish OTC Equity Volume Executed Outside Alternative Trading Systems
Transparency is essential to our “free” markets and recently implemented rules & regulations mean NOTHING without enforcement. I am sickened by the lack of accountability of our government officials and how naked short-selling and other egregious behaviors have continued for far too long by Hedge Fund institutions with ZERO considerations “paid” to retail investors.
Reporting needs to be more than monthly, weekly at latest. It also needs to be changed so that it 100% accurately identifies short interest and delineates between real and synthetic borrowed shares for short interest. Fines should also be such that they accumulate to a point that a rule breaker will not be able to just choose to keep paying the fine and committing the crime.
Executive SummaryThe purpose of this Election Notice is to notify firms of the upcoming elections to fill vacancies on the FINRA Regional Committees, and the mailing of ballots to eligible firms.As detailed below, the following seats are contested:Midwest Region Committee, District 4 representativeMidwest Region Committee, District 8 representativeNew York Region Committee, District 10
SUGGESTED ROUTING*
Senior Management
Legal & Compliance
Operations
Trading
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Securities and Exchange Commission (SEC) recently approved an amendment to Paragraph (b), Part VI,
Independent investors see that markets go up and markets go down and need to have the ability to invest in inverse funds without the cost of expensive advisors and with the same freedoms as large institutions. We do not need the nanny state protecting us from our own assessment of risk. This is a basic freedom versus big-state control issue. I am capable of understanding leveraged and inverse
