Its a slippery slope to begin restricting individual Americans from their own poor choices with consequences. Its how we learn & a paternalistic approach retards that learning. When you begin taking away freedoms in a free country, pretty soon anything could be on the chopping block. Instead, how about some nudges toward good choices from our SEC to inform & educate the
I do not trust government officials to be making these restrictions/regulations on us. It does not pass the smell test, it may well be proposed for nefarious political purposes.
Another suspicious circumstance is that the Mail informing o of this development arrived this afternoon, 5/9/22, and saying the deadline was today, 5/9/22. Hmmm, I wonder what that might be about? It is right now 7:
Blue Sheet Data
Electronic Blue Sheet (EBS) data files, which contain both trading and account holder information, provide regulatory agencies with the ability to analyze a firm’s trading activity. Firms are expected to provide complete, accurate and timely Blue Sheet data in response to regulatory requests. Incomplete, inaccurate and untimely Blue Sheet data compromises regulators’ ability to
Each member shall develop and implement a written anti-money laundering program reasonably designed to achieve and monitor the member's compliance with the requirements of the Bank Secrecy Act (31 U.S.C. 5311, et seq.), and the implementing regulations promulgated thereunder by the Department of the Treasury. Each member's anti-money laundering program must be approved, in writing, by a
I am not a big investor, and I believe in free and universal access to the markets. I was fully informed by my broker about the risks involved in leveraged and inverse funds, which are an important security hedge for me should the market crash. I am opposed to SEC Proposed Rule #S7-24-15 and urge you to consider the harmful and unnecessary limitations it would impose on myself and others like me
I am a government employee and also invest my hard earned money and do not want to see over regulations restricting my options while allowing big pocket companies access to the same investments. Please let us choose what we invest on and let us keep the responsibility to be informed and educated. We are adults and should not be tested for where we invest our money. Thank you.
The proposed legislation limits the investing power of highly educated or well-read individuals who come from adverse backgrounds. Such regulations are effectively an increased barrier to entry for the many Americans like myself who attempt to build wealth with no assistance from an inheritance. Rather than pass legislation that effectively handcuffs those with little amassed wealth, the
This is extremely disturbing information that FINRA would seek to limit individual investor access to more complex investment products. Retail investors are already saddled with significant disadvantages. This only serves to further stack the regulations against them. I invested in leveraged products fully aware of the inherent risks. To take these investments away from those retail investors
I spend alot of time researching and pay consulants for information for stocks to buy. I don't feel it should be up to somebody else to decide if we can buy shares of any stock.
Everyday the stock market is a risk i am willing to take, i feel this more would allow the rich to become richer and block the everyday Joe out from making money. I feel ther is a hidden agenda behind this.
I have been using leveraged ETFs exclusively in my brokerage and retirement investment accounts for the past three years. I have studied them extensively and determined that they are the right choice for me and my family. They are not for everybody. Each investor should due their own research and there's certainly no shortage of information on these investment vehicles. Every investor,
