Skip to main content

Dori Marcelino Comment On Regulatory Notice 22-08

I am an investor that uses inverse and leveraged ETF and I oppose restrictions on my right to use these investment products.
These products are adequately explained through their prospectus.
As an investor, it is my responsibility to read and understand these documents and investors should be free to choose appropriate products for the portfolio.
Limiting these products to only high net worth individuals is inherently undemocratic and results in wealth inequalities.
These products serve a role in my investment portfolio.

2021071940801 Wefunder Portal, LLC CRD 283503 AWC gg (2022-1654302013872).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2021071940801 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Wefunder Portal, LLC (Respondent) Funding Portal Member CRD Funding Portal No. 283503 Pursuant to FINRA Rule 9216, Respondent Wefunder Portal, LLC (Wefunder) submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.