guest
notification
notification
Markets
USEuropeAsiaCurrenciesU.S. TreasuriesCryptoFutures & CommoditiesWatchlist
As of - 11/21/2024, 04:00 PM EST
SPY
SPY
0.54%
favorite
QQQ
QQQ
0.36%
favorite
DIA
DIA
1.08%
favorite
IWM
IWM
1.52%
favorite
VXZ
VXZ
0.68%
favorite
As of - 11/21/2024, 04:00 PM EST
INTU
INTU
4.32%
favorite
+8
Futures Decline as Traders Await Fresh Market Direction Cues; Asia Mostly Up, Europe Churns
US equity futures were tracking in the red on Friday with traders awaiting fresh market catalysts as the earnings season winds down.
ROST
ROST
2.61%
favorite
Ross Stores Raises Full-Year Earnings Outlook Despite Fiscal Third-Quarter Sales Miss

FLEX
FLEX
1.76%
favorite
Flex Names Kevin S. Krumm CFO

LYB
LYB
0.39%
favorite
LyondellBasell Industries CFO Michael McMurray to Retire

All brokers in one place!

Connect your portfolio to gain the insights from all your brokers in one place and save time

Create a post and keep up sharing
Japan Services Gain, But Factories Slip in November: PMI Report
Hub overview
As of - 11/21/2024, 04:00 PM EST
Watchlist
favorite

There are no securities yet, add your first one by clicking star icon on any security

Portfolio
portfolio

You don't have any connected portfolios yet. Please start by connecting a portfolio.

Market now
Analyst recommendation changes As of - 11/21/2024 04:00 PM EST
View all >
Buy Sell
SYRE Spyre Therapeutics Inc.
SYRE Spyre Therapeutics Inc.
$27.00
-0.5
1.82%
favorite
ATAT Atour Lifestyle Holdings Ltd
ATAT Atour Lifestyle Holdings Ltd
$25.35
-0.47
1.82%
favorite
CATX Perspective Therapeutics Inc
CATX Perspective Therapeutics Inc
$3.00
-3.17
51.38%
favorite
PCVX Vaxcyte Inc
PCVX Vaxcyte Inc
$88.39
+2.43
2.83%
favorite
VRT Vertiv Holdings Co
VRT Vertiv Holdings Co
$141.49
+3.95
2.87%
favorite
Crypto data As of - 11/21/2024, 04:00 PM EST
View all >
Crypto data As of - 11/21/2024, 04:00 PM EST
View all >
ForEx data As of - 11/21/2024, 04:00 PM EST
View all >
ForEx data As of - 11/21/2024, 04:00 PM EST
View all >
Top communities
We The InvestorsThis community is for the discussion of Urvin's advocacy efforts through We The Investors
23,592 Members
56posts
Stocks
Welcome to the Stocks Community! This is the place to discuss everything related to investment and t...
23,561 Members
193posts
NFT
Welcome to the NFT Community! This is the place to discuss NFTs and NFT Marketplaces. No airdrops un...
23,525 Members
28posts
Explore My Communities Following Tickers Watchlist Portfolio Urvin
FINRA
+2
Project 2025 Calls for FINRA to be Abolished

Project 2025, a policy initiative under the direction of the conservative Heritage Foundation, is calling for the Financial Industry Regulatory Authority (FINRA) to be abolished and folded into the Securities and Exchange Commission.

FINRA, which is not a government agency but a self regulatory organization that operates under the jurisdiction of the SEC, is one of several entities Project 2025 has advocated eliminating. Another candidate is the Department of Education.

“To reduce costs and improve transparency, due process, congressional oversight and responsiveness ... FINRA should be abolished, and their regulatory functions should be merged with the SEC. With regulatory authority delegated by the government ... FINRA has proved to be ineffective, costly, opaque, and largely impervious to reform,” stated the Project 2025 Mandate for Change.

In the absence of merging FINRA into the SEC, the GOP recommended that all self-regulatory organization fines, including those imposed by FINRA, should go either to a newly established investor reimbursement fund or to the Treasury. “SROs should not have a financial interest in imposing fines,” the document said.


"I don't know of a SINGLE investor who has hired FINRA to protect them"

Their purported role is a sham and smoke screen that emboldens them to behave in ways that are contrary to anyones interests but their own.

With the fall of Chevron and the earlier indication in the Alpine case that FINRA's "enforcements" are wholly unconstitutional they should be forced to liquidate the $1.7B they are hiding in Goldman-Sachs.

Maybe a class-action lawsuit by the investing public to force the matter is in order....


Link to article: https://www.fa-mag.com/news/conservative-manifesto-project-25-says-finra-should-be-abolished-78740.html

Gary Gensler to Resign (Nov 18 is rumored date)

Gary Gensler appears to be resigning and Nov 18 is the rumored date (EDIT to clarify this is a rumor). He came in with big promises of reform and major changes - I was very optimistic on his term. That said, it's disappointing that almost none of the big changes happened, and we're left pretty much where we started.


When he came in to the office, he identified all of the problems with markets that we did. He came out with strong proposals that quantified the damage to markets from unchecked internalization and uncompetitive market making. And then nothing happened.


I was wrong to think that the SEC had the institutional ability to take on the market makers. One of the staff at the SEC told me SIFMA (the broker-dealer association) practically has an office at the SEC. Regulatory capture is a fundamental obstacle to any change at all.


It is painful to have been so wrong about the potential for reform over the last four years. But the fight continues, and we will continue to marshal all of our resources to simplify markets, increase competition and move trading on to lit markets.

Tariffs and Inflation

Trade wars and tariffs increase prices. This is generally a given. There may be some trends where those prices increases moderate slightly in the intermediate/long-term as production is on-shored, but that's not guaranteed.

Image
  • Hub
  • Community
  • Search
Please reload the page to continue
Your session has expired. Refreshing the page will ensure you have access to the most recent information and features.
Reload reload-icon