Investing is not reserved for those with lots of extra cash or connections to a financial professional. Anyone can invest, and you don't need much to get started. In fact, pennies will do just fine.
How, you ask? An increasingly popular way is through a growing trend, helped by the latest in app technology, called micro investing.
As the name implies, micro investing allows you to invest money in small amounts, often automatically. Most micro investing occurs through mobile-based platforms. You can make investments—you really do invest money, and more on that just ahead—or check your account on the go with your cellphone or tablet. The idea is that small investments made at frequent intervals can add up without much effort or pocketbook pain. We are a "right here, right now" culture, and if we can order a new pair of shoes while walking down the street, why should investing be any harder?
- I shared with FINRA my shock and grief at the killing of George Floyd, and too many other Black and African-American men and women before him. We discussed our commitment to equal justice under the law, and to an anti-racist workplace free from all forms of prejudice.I felt blessed that so many of my colleagues from the Black and African-American communities were willing to share with me insights into what they have been personally experiencing over the last few weeks – including their frustration, anger, and exhaustion – and what they have experienced over the course of their lives.I led ongoing conversations with my senior leadership team about how we will work to create meaningful spaces for courageous conversations about racism and generate further ideas for constructive action to ensure a diverse and inclusive environment at FINRA.I spent time reflecting with friends on the fundamental principle of the oneness of humanity, on the profound implications of this concept for...
- FINRA Internal Review Once a possible rule proposal is identified, the FINRA subject matter experts research and develop the proposal and present it to FINRA management for review. In addition, FINRA staff works closely with FINRA's Office of the Chief Economist and other FINRA departments to assess the economic impact of potential rulemakings. The assessment helps to ensure that FINRA's rules are better designed to protect the investing public and maintain market integrity while minimizing unnecessary burdens. Presentation to FINRA Committees FINRA staff typically presents the rule proposal (or an idea for a rule proposal) to various FINRA Advisory and District Committees. It may also present the proposal to the NAC for review and input. The SFAC and the Large Firm Advisory Committee review rule proposals before they are submitted to the FINRA Board for approval. Submission to FINRA Board FINRA staff prepares an “Action Item” for...
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