For firms with test candidates using company-issued equipment on their corporate networks to take their exams online, your firm's technology team should be consulted about what it will take to ensure that the ProProctor application will successfully run on the day of the candidate's exam.
Please note that Prometric's ProProctor
FINRA Requests Comment on FINRA Rules Impacting Capital Formation
I M P O R T A N T
OFFICERS, PARTNERS AND PROPRIETORS
TO: All NASD Members
BACKGROUND
On April 18, 1983, the Securities and Exchange Commission issued Release No. 34-19687 announcing the adoption of changes to Rule 10b-10 under the Securities Exchange Act of 1934 (17 CFR 240 lOb-10), the "securities confirmation rule," (the "Rule"). Rule 10b-10 requires broker-dealers to send
Direct Participation Programs Representatives are eligible to sell shares of a non-listed business development company that qualifies as a regulated investment company under the Internal Revenue Code at the time of sale.
Funding and Liquidity Risk Management Practices
My investment strategy uses a systematic rebalancing of ETFs, some of which are leveraged ETFs. I fully understand the risks of these leveraged ETFs, but with a disciplined quarterly plan of selling when gains have exceeded a threshold and buying when losses have exceeded a threshold, the greater volatility of these leveraged ETFs produce better performance over the long term.
I am not a Day
- I am just a regular investor, I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
- I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I invested in options years ago. I understand
I consider these proposed rules to be yet another abridgment of a citizen's right to do with his money what he chooses. I have half a century of experience in investing in stocks and bonds of all varieties. I learned how to do it the hard way, not by taking a test, but by self-study and experimenting with various instruments. I administered 2 employee pension plans as well as my own
Proposed limits on access to leveraged and inverse funds have no place in a public market. Individual investors are the appropriate judges of these investments' suitability for their particular investment plans. Plenty of sound advice is available for newbies, if needed, at a reasonable cost. The US regulatory regime is already outrageous, handicapping US citizens compared to nationals
To whom it may Concern,
I am strongly opposed to restricting which public investments I am allowed to invest in. Being able to invest in inverse funds allows me to hedge against a decreasing market. My 401k platforms do not offer inverse investing opportunities nor do the representatives/specialists want to take or move investments when the market is moving negatively. They say don't
