Instead of focusing control of smaller investors why not focus on manipulation of the market and securities by the larger financial groups practicing Short Selling. That faction ruins a "fair" market for all and is apparently legal theft and manipulation. I thought the point of "fair and equal" market rules and regulations was to prevent theft and
The failure of a firm might understandably cause some anxiety for its customers. However, should your firm cease operations, you shouldn’t panic: In virtually all cases, customer assets are safe and typically are transferred in an orderly fashion to another registered brokerage firm.
To bar retail investors from using their own money to invest in the funds you are proposing to be banned is an egregious violation of the free market. There is nothing that the common man should not be allowed to spend his money on. This is a thinly veiled sham to keep the millions of common people out of the market while allowing the rich to continue how they always have. The last two years have
No body of government has any right to tell the common man what and when he is allowed to invest his earnings. We have the basic right to attain to improve our position in life. actions such as these restrictions would impose, openly call to restrict people to particular classes of society. Actions such as these would openly create a new system of castes and open aritocracy. Those things are in
My financial decisions are mine and mine alone. Stay out of the business of "protecting" small retail investors, you DON'T know what's best for everyone.
We dont need another law telling us who can invest in what. This is just another way to hurt the working class.
Dear Sirs;
This country was founded on liberty. Please do not limit liberty by passing these regulations.
Respectfully,
J. F. Crane
I am a small investor who uses leveraged ETFs regularly. Stay out of the way. Last thing we need is more unnecessary regulation.
I have been studying the financial markets for the last forty years. And use a measured approach in using leveraged ETFs. On highly liquid ETFs they are a very affective tool for investing and hedging positions.
Leveraged ETFs already carry warnings.
I don't appreciate further infringements on my right to make financial decisions.
I'm sure FINRA has plenty to do without
It is really unfair to prevent investors to buy proshares leverage stocks.