For the Public
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
FINRA processes a peak volume of 600 billion transactions every day to detect potential abuses, making us one of the largest data processors in the world.
Our technologies run hundreds of surveillance algorithms and patterns against massive amounts of trade data to uncover market manipulation, insider trading and other methods that firms or individuals might employ to gain an unfair advantage in the stock and bond markets.
FINRA's technology is vital to protecting investors—it has become a key component of our ability to:
I am a retail investor and use leveraged ETFs for a portion of my portfolio. Before buying these leveraged ETFs, I did a significant amount of research to understand the risks. This included back testing how the funds would behave in different market and monetary conditions. I also read the prospectuses for the funds. All this information was available and provided sufficient information on the risks associated with such products. By the same token, I would personally not touch options as that is beyond my personal risk tolerance. Options trading is commonly known to carry higher risk.
Dollars have no intrinsic value, so if any member of the public wants to gamble with them using what you call 'complex products', this should be entirely possible so as to have a level playing field with wall street. Educational materials are good. Less regulation is better, ending the federal reserve bank would be best.
