Comments:Limiting access to leveraged ETFs is the same as making it available only to an elite class or group.
Warning investors or traders of the higher risks of investing in or trading such ETFs could be sufficient and the way to go.
If someone is educated or trained or capable enough of investing in or trading the markets and of utilizing a trading platform, that person or entity is capable
I would like to submit my opposition to the actions to restrict access to certain funds that are deemed "complex". The funds are the small investors only ability to hedge their accounts against certain market risks. Without them we are left exposed to unnecessary risks. It's a bad idea to restrict investment opportunities. The reality is that these types of funds may
Thank you for the invitation to speak and thank you all for coming today.
It is the responsibility of the investor, not the regulators to evaluate market risk. Predetermining these risk and who is qualified to take such risk is a slippery slope. Shall we regulate risk for public companies with historically high PE ratios? it is the investors responsibility to way risk and loss. Investors are not children, they need to take responsibility to for their actions. The
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Executive Summary
On January 7, 1997, in Release No. 34-38132, the Securities and Exchange Commission (SEC) approved NASD® rules permitting the quotation of Direct Participation Programs (DPPs or limited partnerships) in the OTC Bulletin Board® Service (OTCBB) and requiring all
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 In the United States, however, an outdated and increasingly overreaching regulatory framework—specifically SEC Rule 15c2-11—has become a barrier rather than a bridge to economic vitality.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)
The Communications with the Public section of the 2022 Report on FINRA’s Risk Monitoring and Examination Activities (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) relevant regulatory obligations and related considerations, (2) exam findings and effective practices, and (3) additional resources.
How dare you try to limit what I can and can not buy. It is absolutely none of your business what I do with my money as long as my actions fit within the confines of the law. Risk is an inherent factor of market involvement and it is each investor's duty to mitigate that risk for themselves, not yours. Imposing arbitrary limitations limits both the agency of the investor and their goals
This notice and action is extremely unamerican and unlawful. You are dictating how a person is able to make an income and by doing so you're in direct violation of the US Constitution as to where you cannot infringe upon a person's ability to make an income. I plan to have my legal counsel file a lawsuit against FINRA, if you take away my ability to trade proshares inverse
FINRA,
As a member of FINRA, I request that you discontinue the pursuit of FINRA requiring restrictions on investing in leveraged or inverse mutual funds and/or ETFs. This should be a decision that investors make and not regulators.
Many brokerage firms already require special requirements for clients to purchase these types of securities. That is sufficient and appropriate because it is
