During its July 12 and 13 meeting, the FINRA Board of Governors Re-elected Eric Noll as chair, re-appointed public governors Deborah Bailey, Lisa Fairfax and Maureen Jensen, and approved three rulemaking items.
I am new to retail investing/trading but what I’ve witness with GME and AMC really opened my eyes to how corrupt and fixed the markets are. The mainstream media I used previously to help make decisions, has been 100% controlled to influence retail investors in a pure evil way. This is about as easy as it gets to see the manipulation. This manipulation is throughout the entire process with naked
I have been utilizing leveraged and inverse ETF funds for many years in my trading/investing. They have been instrumental in my ability to consistently outperform the market averages. I use them both as an investment vehicle and occasionally as a hedge against my portfolio of mutual funds, non-leveraged ETFs and stocks. To no longer have access to these products would severely and negatively
SummaryLow-priced securities1 tend to be volatile and trade in low volumes. It may be difficult to find accurate information about them. There is a long history of bad actors exploiting these features to engage in fraudulent manipulations of low-priced securities. Frequently, these actors take advantage of trends and major events—such as the growth in cannabis-related businesses or the ongoing
I was disturbed to hear of proposed regulations that could limit my access to leveraged and inverse funds. I have used these products successfully, and especially appreciate the availability of inverse funds for short-term hedging needs. I would prefer being able to do this in my stock market account rather than being forced to use futures. I'm a responsible adult, I take
The regulations are guaranteed to harm investors. Investors do not need protection from themselves. Investors who invest in “complex” financial instruments are individuals who understand the relationship between risk and reward. The proposed regulations will not deter individuals from making financially risky decisions. Instead, the regulations will encourage individuals to invest in riskier
FINRA Requests Comment on FINRA Rules Impacting Capital Formation
I am an individual investor and I have been taking advantage of leveraged ETFs for some time. I limit use of leveraged ETF to one of the 3 major stock market indexes, where my portfolio has diversification. I understand leveraged ETFs may be volatile, but theres a lot of individual securities that are more volatile. Regulators should not place more restrictive rules on leveraged ETFs. All
I invested in XRP because of the barbaric SEC frivolously claiming to have legal authority to do things that they clearly dont. There is no reason for SEC to exist and all SEC employees should be blacklisted. SEC is consistently guilty of creating the very problems it was supposedly created to solve. No barriers to entry should exist for participation in the markets. They just want to reduce
Dear members of FINRA,
Although I do believe it's prudent to have educated public investors who want to partake in investments that are more complex than single stocks, it is extremely unfair to deny public investors, and only allow individuals who demonstrate a high net worth, access to more complex products that can be used to hedge one's investment risks in today's
