The US stock market is one of the most corrupt organizations in the world. The SEC only protects Wall Street at the expense of the public. Laws that were created in 2008 are blatantly broken every day. Felonies are committed against retail investors and no regulatory institutions do anything about it. Why make more laws? Why pretend FINRA or any other agency protects the best interest of the
I have been investing in leveraged index funds and mutual funds such as TQQQ (Nasdaq 100 index 3X bull), TECL (S&P 500 tech index 3X bull), and RMQHX (Nasdaq 100 index 2X bull). It is important for more risk-tolerant retail investors to be able to increase their returns without losing diversity in stocks. With the assumption that markets go up in the long run, these leveraged funds allow
The current price manipulation with AMC/GME et al has exposed the stock market corruption. All reporting agencies and SEC rules don’t make a difference in protecting the big money from the everyday average trader. It seems to me that the rules only apply to the small investor and protect big money instead. It’s all an incestuous relationship between the SEC, FINRA, DTCC and the like and the big
I believe more transparency is needed any the dark pools need to be more transparent as well. The fines and penalties need to be increased so that the crime wouldn't be worth the cost of the crime. You have people taking interest in the stock market just to get robbed due to manipulation and synthetic shares. You will find that more people can be made to use the market fairly and people
I believe investors should be able to make their own decisions based on the opportunity to invest in innovative technology. Many investors dont have the millions or billions of dollars to invest in start ups or big private equity deals like all the multi billionaires, VCs andPE firms do and by limiting the average retail investor to only buy proven mutual funds that are a basket of stocks you
Dear FINRA,
Public investments should be available to all of the public not just the privileged. I should be able to choose the public investments that are right for me and my family.
I have done my own research and are well capable of understanding leveraged and inverse funds and their risks.
I shouldn't have to go through any special process like passing a test before I can invest in
To Whom it may concern: I am 54 years old and have been an active investor since 1997. During that time I have utilized many different investment vehicles to achieve my investing goals including stocks, bonds, options, mutual funds, etfs, leveraged etfs, and even inverse etfs. It was with great disappointment to learn that federal regulators are considering restricting individual investors
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Executive Summary
On July 11, 1995, the Securities and Exchange Commission (SEC) approved amendments to Article III, Section 34 of the NASD Rules of Fair Practice to exclude initial placements and secondary market transactions in direct participation program (DPP) securities that are listed or for
I am disagreeing with the concern and motion put forward to regulate ETF products with leverage and inverse properties. As an investor, I am capable of making an informed decision in regards to the risk I am willing to take on with my investments and therefore do not agree with the proposal to restrict these financial products to those with FINRA authorization or special knowledge. If there is an
I am retired and have been managing my own portfolio for many years. Because of the market volatility I use leveraged funds (specifically SPXU, UVXY, and SQQQ) as a hedging strategy for my entire portfolio. I do not understand why the government should regulate what public investments people should be purchasing.
Any investment is risky and even stocks (e.g. TDOC) can lose 50-80% of their value
