The speed of change in the financial industry means that firms must work diligently to remain current—and a great way to do that is by attending events like this, sharing ideas with your peers and discussing your concerns with regulators. This is a great point in the year to reflect on what has transpired so far in 2012 from a regulatory perspective and discuss many current areas of focus for FINRA.
I believe people should be informed as to what type of risk they are taking but they are responsible for understanding what investment they are making and thus what magnitude of risk they are taking. Please don't restrict my ability to invest or my rights to invest in leveraged or inverse funds.
Thank you.
Comments: Please do no limit access to leveraged funds. I use them extensively, and they are excellent trading products. For those that are not familiar with them, there are excellent precautions in place by brokerages, including the requirement to read and sign information about the risks, as well as a risk statement with every trade.
This is the United States of America!! I should have the right to invest and leverage risk any way I see fit. Who are you to say if I and/or anyone else is smart enough or wealthy enough to take on higher or inverse risks based on their own personal investment strategies?
The proposals exceed the authority of SEC as watchdog and while perhaps intending to protect the rights of investors against risks of loss, or their own capacity or qualifications to invest actually result in immunizing the sellers from liability. The proper way to go would be notice and warnings as assumptions of risks.
SUGGESTED ROUTING
Senior Management
Government Securities
Internal Audit
Legal & Compliance
Executive Summary
The Department of the Treasury (Treasury) recently approved amendments under the Government Securities Act of 1986 (GSA) that establish risk assessment rules for government securities broker/dealers registered under Section 15C (Section 15C broker/dealers) of
As a CPA and investor for over 40 years, Im writing to express my deep concern that proposed rules being considered by FINRA will limit my access to leveraged and inverse funds. These products are an important part of my investment strategy that help me mitigate risk and protect my long-term investments during market downturns.
Balancing my long-term holdings with inverse funds allow me to hold
I have been investing in the stock market for more than twenty-five years. When I invested in individual securities in my early investment years, I wasn't successful at all. After switching to the first ETF, then only leveraged ETFs, my success in investment improved drastically. Eliminating the leveraged ETFs from the choices of investment vehicles is the wrong decision. If the leveraged
Comments: I am not confused on these inverse and leveraged products. I know how they work and like trading them without having to worry about the risks about losing more on margin. It allows better participation from retail traders who are educated on the risks and rewards of these products.
What ever happened to the concept of individual responsibility? Why does government and quasi government entities think I/We are blithering idiots?
For the record: I am adult who understands risk. If I wish to invest in a high risk investment, That is my prerogative!
In short: IT IS NONE OF YOUR/GOVERMENT'S BUSINESS!!
