Questions tagged [regulation]
The regulation tag has no usage guidance.
112
questions
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1answer
76 views
Is the SEC trustworthy? [closed]
The SEC is warning investors against risks of Bitcoin futures.
SEC, Funds trading in Bitcoin futures, Investor Bulletin, June 10, 2021.
However, it doesn't seem that there was any warning of this ...
1
vote
1answer
108 views
How can crypto exchanges avoid sending a 1099-B?
A friend of mine is looking to trade crptocurrencies and I subsequently warned him that he'll have to keep careful track of all of his transactions throughout the year because he would have a lot of ...
0
votes
3answers
127 views
What are the consequences of heavily regulating shorting? [closed]
The GME short squeeze was very interesting for me as a newbie trader because it had unexpected effects despite not holding that position:
some platforms forbid their user to buy some stocks or ...
1
vote
0answers
43 views
What are the trading restrictions, if any, when investing within my Health Savings Account (HSA)?
I wonder whether there any trading restrictions when investing within my Health Savings Account (HSA).
https://www.loyola.edu/-/media/department/hr/documents/benefits/health-wellness/medical/hsa-...
0
votes
4answers
179 views
Why can't you get a loan against your IRA?
I'm trying to borrow against my IRA but for personal reasons rather than one of the 8-9 approved reasons. Does anyone know why it's prohibited? Is there any way around this?
0
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1answer
116 views
Portfolio margin account overnight leverage
I know for a regular margin account, the requirements of Regulation T generally limit leverage on equity to 2:1, which means SMA has to be positive for overnight.
How about a portfolio margin account? ...
14
votes
5answers
4k views
Is it possible to violate SEC rules within a retail brokerage account?
I am a small buy-and-hold investor. I recently asked a question about pump and dump scams: Will I be investigated if I regularly profit from pump and dump scams? One interesting comment by user @Steve-...
-1
votes
1answer
46 views
Are public companies required to disclose quarterly performance after an acquisition?
Recently, the company Fastly Inc (NYSE: FSLY) reported preliminary results for their 3rd quarter.
On their official website, they made the following statement
SAN FRANCISCO--(BUSINESS WIRE)-- Fastly, ...
6
votes
1answer
798 views
Will I be investigated if I regularly profit from pump and dump scams?
Suppose I regularly profit from other people's pump and dump scams (assume that this is possible). I don't organize these scams (they are illegal); I merely hop on and hop off at the right times (...
1
vote
1answer
50 views
Do futures regulations stipulate a minimum account balance?
I opened a futures trading account at a futures brokerage that requires a $100 minimum deposit. Are these minimum deposits specified by any regulator, or is it up to each broker to set a minimum ...
0
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0answers
16 views
Are companies listed on the TSX Venture Exchange required to publish financial statements regularly?
The TSX Venture Exchange lists many small-cap and micro-cap companies. Are all these companies required by law to regularly make their financial statements available to the public? If so, are all ...
2
votes
0answers
557 views
Do I get a second chance if I fail the SGX quiz?
To trade Specified Investment Products (SIPs) such futures, options and structured warrants, I need to pass the SGX quiz. What happens if I fail the quiz? Will I get a second chance? What is the ...
1
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0answers
92 views
Can brokers fill my OTC stock orders by “trading through” and executing at inferior prices?
I am aware that FINRA-registered broker-dealers have to follow FINRA Rule 5310 (Best Execution and Interpositioning). But are OTC stocks (OTCQX, OTCQB, OTC Pink) subject to the Order Protection Rule ...
0
votes
1answer
283 views
How does day trading work regarding waiting for funds to clear?
So, I understand the PDT rule, needing $25k in an account to day trade, however...
If a person is day trading, don't they need to wait 3 days to use that money again?
Do they just have very large ...
0
votes
0answers
15 views
Indian regulation on margin accounts
Is there any Securities and exchange board of India regulation on disallowing margin to holders of trading accounts? I see that brokers operating in India in the Indian stock market do not offer ...
0
votes
1answer
89 views
Reporting a forex broker to the corresponding regulator, what else should I do?
I traded forex using two different brokers in two countries. Forex.com in USA and alfaforex.ru in Russia. What I experienced both times was unexpected position sell-outs and fake quotes:
position ...
1
vote
1answer
75 views
Which of the following satisfy the pattern day trading rule?
I have confusion about the day trading rules. From below scenario, which is pattern day trading?
I bought 1 Apple share in pre-market and sell it in the after-market hours (within same day).
I bought ...
1
vote
1answer
73 views
Calculate liquid net worth
I look at the definition and I understand the idea and concept of liquidity: It's how much cash you can pay and cover more or less immediately. I have x dollars in stocks and savings which can be ...
1
vote
1answer
2k views
Does PDT transfer with you when you switch brokerages?
Robinhood classified me as a Pattern Day Trader (PDT). If I switch to TD Ameritrade, will my 90 day ban follow me?
Worried that if I make a trade with TD Ameritrade then I try to sell it will ...
0
votes
0answers
26 views
Easy way to check if a product has a KID and complies with PRIIP?
The Packaged Retail and Insurance-based Investment Products (PRIIP) regulations are phenomenally confusing and opaque.
How can a retail Europe-based investor check whether a financial product provides ...
17
votes
3answers
5k views
Can a single share of stock be shorted multiple times?
Is it possible for a single share of stock to be shorted multiple times?
Concrete example:
Imagine we have five people with the following motivations:
Person A owns a share of company ABC and wants to ...
2
votes
2answers
308 views
Can shares be trades outside of an exchange?
If a company's shares are listed on an exchange (NYSE or NASDAQ) is it allowed to trade them privately (i.e. one owner to another), without the trade being registered on the exchange?
0
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1answer
69 views
What can supersede/inhibit the Sarbanes-Oxley act?
After reading an interesting opinion piece, the regulatory oversight that we have come to expect in the post-Enron world (via Sarbanes-Oxley Act) seems somewhat jeopardized. Namely, the oversight on ...
0
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2answers
77 views
Invest in an US ETF or fund being a UK citizen
Is it possible to invest in a US ETF or fund being a UK citizen, without having any sort of bank or brokerage account based in the USA?
I'm not talking about these ETFs / funds that hold US assets ...
0
votes
1answer
31 views
How market regulations in different countries affect to the investment risk [closed]
There are some countries that have less market freedom than others (see Index of economic freedom by countries.
Let's take into account only developed countries (USA, EU, UK, Australia etc.).
Do ...
2
votes
1answer
90 views
Why don't American Mutual funds offer SWP's?
Indian Mutual funds have a feature called SWP [Systematic withdrawal plan]. It's a feature that enables an investor to automatically withdraw the appreciated amount or a specific amount periodically[ ...
2
votes
1answer
120 views
Why are stock options named as they are?
Why are ISO stock options termed "statutory"? Because they are defined by some sort of statute? If so, then what is the statute?
Similarly, why are ISOs termed "incentive" stock options whereas NQOs ...
2
votes
1answer
2k views
Buying and Selling options for the same stock multiple times in a day?
Is it normal that traders buy and sell options of the same stock on the same day multiple times? For example, in an event of a positive earnings release, the CALL options were bought and then sold it ...
2
votes
2answers
1k views
Why are some money market mutual funds not margin-able for 30 days?
My broker has a money market mutual fund where I can park the money when not invested, but that position does not give margin buying power for next 30 days.
Per article part shown below.
Example of ...
2
votes
1answer
51 views
Data security of financial service companies
I use non bank financial service companies such as Wealthfront and Robinhood. It's incredibly important that they manage data (such as account balance) correctly. I'd be inclined to trust major banks ...
1
vote
1answer
1k views
How to find equivalent US or Worldwide ETFs that are compliant with European PRIIPS regulations?
I used to invest in the following hyper-diversified portfolio :
+--------+--------------------------------------------------+-------------+
| ticker | Exchange-traded Fund ...
0
votes
1answer
42 views
How can one transfer registration of stock in a private transaction?
A friend wants to sell me IBM shares at a fixed price X (and no more, because of tax reasons). Since X is slightly lower than the market price, I'm happy to get the benefit of the bargain.
The friend ...
4
votes
1answer
186 views
Regulation for ETFs in the UK after the Brexit
Currently the UK is in the EU, that means that the financial products sold in the UK are under the EU regulation (UCITS).
After the UK leaves the EU, this regulation will no longer be applicable. ...
4
votes
1answer
86 views
In India, how can I verify mutual fund holdings, to prevent frauds?
Recently in India we have found out that a lot of big financial institutions have been cooking their books. And both the auditors and regulators have failed miserably and can not be trusted to do ...
2
votes
0answers
45 views
Do banks need a foreign branch to access a derivatives market (e.g.) London
I would be very interested to know whether banks (e.g. Santander, Deutsche Bank, etc.) need a foreign branch in a country (e.g. UK - London) to access the derivatives market in this country.
Would ...
4
votes
1answer
433 views
Is the Thrift Savings Plan a 401k plan, a 403b plan, a 457 plan, or none of the above?
Is the Thrift Savings Plan a 401k plan, a 403b plan, a 457 plan, or none of the above? If it is none of the above, then where are the rules and regulations of the plan defined if not in the U.S. Code?
8
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3answers
1k views
How to continue using the online banking feature of GnuCash (AqBanking) with PSD2 in effect?
I'm running GnuCash 2.6.19 (with AqBanking 5.7.8.0) on Ubuntu 18.04.3 LTS.
Ever since the European Commission's Revised Directive on Payment Services (PSD2) came into effect online banking with the ...
2
votes
1answer
2k views
Can you ask a bank to delete all your personal info they might still have from any closed accounts?
I have an account with a bank that I closed many years ago. I'm not sure if they still have my personal information on file or not, but is there a way to request that they purge ALL my information? ...
2
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0answers
26 views
Applicabilty of COBS to PRIIPs
Under FSMA 2000 and the subsequent amendments, the FCA is empowered in the UK to develop rules and guidance for authorised firms to adhere to. These are generally captured in the FCA Handbook, itself ...
3
votes
1answer
102 views
How is compliance with the Order Protection Rule (of Reg NMS) guaranteed in the face of latency?
From Investopedia:
The Order Protection Rule also established the National Best Bid and Offer (NBBO) requirement that mandates brokers to route orders to venues that offer the best displayed price.
...
1
vote
1answer
753 views
Is there any risk to giving a UK bank an SSN, and why do they need it?
A friend showed me a letter from The Co-operative Bank, a UK bank with which they have an account. This letter requests their US Social Security Number (SSN):
We've written to you requesting [this] ...
5
votes
1answer
306 views
What's the equivalent of the U.S. Securities and Exchange Commission in the Netherlands?
I'm looking for 10-K financial statements and I can't find the SEC.gov equivalent in the Netherlands.
1
vote
1answer
84 views
How best to comply with Regulation D of the Securities Act?
I am under the impression that there are some restrictions on raising money from outside investors for an investment fund. In particular Regulation D of the Securities Act of 1933 provides a few “...
1
vote
3answers
184 views
How do stock brokers manage to get permission from the SEC to have extended hours trading?
Robinhood managed to get 9-5PM EST trading, while Webull managed to get 5:00AM-8:00PM EST, which is much wider than Robinhood's. I wonder how they get permission and what is the limit, or it can be 24/...
1
vote
1answer
52 views
How is stockholder information shared?
Given that I received in the past invitations to annual stockholder meetings I assume my broker is sharing the required information (name and address) with the public company. I have the following ...
-1
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5answers
493 views
Why is one person allowed to own a majority of voting rights in a publicly traded company?
I heard on Marketplace tonight that Mark Zuckerberg owns 58% of the voting rights in Facebook (not a majority of the shares, but he owns many Class B shares, which have 10 votes apiece compared to 1 ...
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3answers
157 views
Compliant investing
After saving for a couple of years, about half a year's salary has accumulated in my savings account and I now want to start investing long term in index funds, however if I open a securities account ...
-2
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1answer
85 views
Pre-Authorized Direct Debit through online forms
This might be a cross-over between stackoverflow and money.stackexchange but I am wondering about the rules and regs of setting up a Pre-Authorized Direct Debit (PAD) through an online form.
Say I ...
0
votes
1answer
52 views
Is there reporting for commodities and forex trades?
I was wondering why stock trades are required to be reported to the exchange or trade reporting facility, but why other asset types like commodities, forex etc. don't have to be reported? I couldn't ...
3
votes
1answer
135 views
How does a private entity FINRA have authority to impose fines
FINRA is a private entity per https://en.wikipedia.org/wiki/Financial_Industry_Regulatory_Authority and per http://www.finra.org/industry/disciplinary-actions and also otherwise its revenue comes from ...
