Transparent points

[IanIrmischer]

I would like to symbolize a point layer with transparency.  Can I do that in ArcGIS?

[DarrenWiens2]

Layer Properties -> Display Tab

[ChrisSmith7]

Also with effects toolbar!

[IanIrmischer]

Thanks so much for the help.

[RachelWeeden]

Also, if you create a map in ArcGIS Online, the Smart Mapping options let you can set transparency for features based on an attribute value: