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
I oppose restriction to my right to invest. I should be able to choose how to invest for me and my family regardless of my social status. Although I do not currently invest in such investments, I have in the past and may wish to in the future. What I do with the money I have earned is my responsibility, not some regulators. There are already far too many unnecessary restrictions on our activities
Use your regulatory powers to stop insider trading. Use your regulatory powers to stop inflation. Use your regulatory powers to stop Musk buying Twitter, or other monopolistic situations of which there are many. Stop harassing the small investor. You remind me of the police cracking down on jay-walking. Try to use your powers for something worthwhile, instead of on petty populist actionism like
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 In the United States, however, an outdated and increasingly overreaching regulatory framework—specifically SEC Rule 15c2-11—has become a barrier rather than a bridge to economic vitality.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)
I am Mary L. Schapiro, President of NASD Regulation, Inc. NASD Regulation, Inc. and our parent, the National Association of Securities Dealers, Inc. (NASD®), would like to thank the Subcommittee for this opportunity to testify on the securities day-trading industry
Short interest reporting by all of these entities should have complete transparency. Failures to report on possible FTD’s, never delivering those shares or marking short positions as long should result in repercussions equal to the actions. Small fines or as they can be referred “the cost of doing business” for some of these funds or entities are unacceptable. Reporting should be even more
Dear regulators: I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST!! I believe that I should be able to choose public investments that are right for me and that they should be made available to everyone. I take responsibility for my actions and decisions in all aspects of my life and do not want the government to limit or restrict my investment decisions. I use leverage and inverse funds in part to
Short interest reporting by all of these entities should have complete transparency. Failures to report on possible FTD’s, never delivering those shares or marking short positions as long should result in repercussions equal to the actions. Small fines or as they can be referred “the cost of doing business” for some of these funds or entities are unacceptable. Reporting should be even more
Summary
Investment professionals often develop close and trusted relationships with their customers, which in some instances have resulted in the investment professional being named the customer’s beneficiary, executor or trustee, or holding a power of attorney or a similar position for the customer. Being a customer’s beneficiary or holding a position of trust may present significant conflicts
The Communications with the Public section of the 2021 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.
