This un levels the playing field so large wealth and insiders can get the largest reward on new and yet untested investment opportunities. To have wealth, is to always have an advantage for more wealth. This is unfair and difficult for minimally wealthy investors to have a similar chance at getting the best returns for getting in early. This effort is on the surface to keep small investors
I manage my retirement financial assets based upon my financial needs and NOT FINANCIAL DESIRES. I am a retired CPA with plenty of experience in the assets I invest in. I understand risk, how it is measured and how to manage it. I do not need government permission to do what I know how to do. So please leave me alone, I can take care of myself.
Its important to continue to allow innovative financial solutions like leveraged assets. I feel this type of asset is of lesser risk than many other asset options. Ie individual low quality stocks, SPACs and options contracts.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the FINRA Capital Acquisition Broker Rules.
About half of the nation’s financial advisors personally own crypto. If this rule is enacted, upwards of a hundred thousand FAs will have to inform their B/Ds of their crypto holdings and seek written permission to keep them. If permission is not obtained, the FAs will be required to sell their crypto assets, transfer to another firm that permits their investments, or be terminated. If this rule
It should be every individual investors right to choose the public investments. Leveraged ETFs should not be an exception. And the leveraged ETFs provide a more intuitive method for the general public to hedge the total portfolio and enhance the total return. If regulator limits individual investors right to choose leveraged ETFs as the investment tools, this action feels like strongly in
Leveraged ETFs provide a convenient way for investors to have expanded exposure to an asset with less capital upfront. I understand the expanded risks of these instruments including volatility decay, but I feel that they suit my investment objectives of gaining expanded exposure to a diversified underlying index such as the S&P 500. I have done the math and assessed the risks, and I
Guidance on Low-Priced Equity Securities in Customer Margin and Firm Proprietary Accounts
Capital formation is the lifeblood of a thriving economy. It fuels business growth, innovation, and job creation. In the United States, however, an outdated and increasingly overreaching regulatory framework—specifically SEC Rule 15c2-11—has become a barrier rather than a bridge to economic vitality. Originally intended to protect investors from fraudulent or opaque over-the-counter (OTC)
(a) Responsibility to Expedite Customer's Request
(1) When a customer whose securities account is carried by a member (the "carrying member") wishes to transfer securities account assets, in whole or in specifically designated part, to another member (the "receiving member") and gives authorized instructions to the receiving member, both members must expedite
