The NASD would like to thank the Subcommittee for this opportunity to testify on micro-cap fraud in the U.S. markets, the nature of the problem and our efforts to address it.
EBS Submissions Following Implementation of the Option Symbology Initiative
In brokerage accounts such as TD Ameritrade, we are free to trade stocks and financial instruments such as leveraged and inverse funds without any pressures of dealing with an actual broker. There is no solicitation or advertising on these sites that points us to any particular fund or stock. Please don't restrict this freedom.
SummaryDay trading broadly refers to an overall trading strategy where a customer effects both buy and sell transactions in the same security in the same day to profit from movements in the price of the security. FINRA has had longstanding rules designed to limit the potential losses from day trading for both customers and members, and to ensure the risks of day trading are disclosed to customers
This appears to be part of campaign by ProShares to protect their inverse ETFs. Their sponsorship of the comment site (leteveryoneinvest.com) is hidden. It fails a basic transparency test.
Please review and consider the list of investments to see if they are all equally or substantially toxic to the general public.
It is a shame their isn't a malpractice standard for investment firms.
The Office of General Counsel (OGC) of NASD Regulatory Policy and Oversight publishes the Disciplinary Update to provide registered representatives with a summary sampling of recent disciplinary actions involving misconduct by registered representatives. The sample of disciplinary actions includes settled matters and decisions in litigated cases (Hearing Panel and National Adjudicatory Council (NAC) decisions and decisions of the Securities and Exchange Commission (SEC) in NASD cases).
International Testing Delivery; Important Information About Advertising Filing Fees
I teach ETFs, both leveraged and un-leveraged ETFs to 13 year olds. They understand them very easily. All one has to do is to search what the ETF is composed of on a site like ETFDB.com or any other website. The ETF leverage is often also stated in the name of the stock next to the ticker.
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Institutional investors are professional investors who pool together capital—sometimes referred to as Wall Street’s “smart money”—and invest on behalf of others, typically at much higher volumes than retail investors. learn more about institutional investors and how they can and cannot impact your investments.
