Hold media companies accountable for false reported information. Especially well known reporting agencies ( motley fool ) as an example & fine them with high fines not small ones
At a minimum we should have transparency in the market to see the same information hedge funds and market makers see also to see short positions that effect market prices
To whom it may concern: Any and all enhancements concerning reporting on market activities is greatly appreciated. Shorter reporting intervals and all inclusive information is crucial to investor success.
November 2022
Background
In August 2021, FINRA launched a targeted exam (sweep) to review firms’ practices and controls related to the opening of options accounts and related areas, including account supervision, communications and diligence. FINRA’s review focuses on a cross-section of retail and diversified firms that offer options trading to their customers.
Below FINRA poses several
Trading leveraged/inverse funds has been a boon to my ability to hedge upside and downside risk without the complexity of options. Also, through products like SARK and SQQQ, I am able to hedge against downside risk without margin.
I think smaller traders like me will lose a lot of flexibility if unable to trade leveraged/inverse funds.
Fidelity already shows comprehensive warnings about trading
The FINRA rule is nothing more than an scheme to steal wealth, power, and autonomy from individuals. People have the intelligence and information necessary to make their own investments without regulatory tyranny. Stop it.
I believe that people should have the right to make mistakes, no matter how stupid. I don't believe any government should interfere with that right, absent fraud. As long as the information is readily available to make informed investment decisions, it's the individual's right to make decisions. People who buy these products are typically more sophisticated than those buying
I am a user of the referenced types of funds. I think strong and simple warnings (perhaps enhanced, with some check-off from a user), at most, are adequate to support informed and free choices, and handle the concerns here.
The only people that these restrictions would benefit would be wealthy individuals with inside information. The Pelosi's have enough money. Stop stacking the system against people like me. Oh, by the way ... I vote.
I oppose this rule. This is just another way to protect Wall Street and suppress retail investors. Retail investors have more than enough FREE information and support to understand any investment strategy.
