To Whom it May Concern. I do not like the current SEC to be changing the rules. In a democracy, people should have a right to invest their money as they see fit. Government is not responsible to protect people from everything. In the world of the financial markets, investors must follow the rule of Caveat Emptor. If government becomes too regulatory in a capitalist economy, then it is no longer a
I oppose this legislation. Individual investors should be able to choose the publi investments that are right for my family. We should not have to be subject to any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Leveraged and inverse funds are important to my investment strategies and work very well to hedge my other investments.
Please note: The following information is intended to provide a general overview of the permitted activities of various registration categories, but it is not an exhaustive list. Please refer to Regulatory Notice 17-30 and FINRA Rule 1220 for further details.
Series 4 - Registered Options Principal Examination (OP)
Covered activities include supervising a member's options
Leveraged and inverse funds are an important part of an investment strategy. They can help to reduce risk as well as boost returns when combined with a balanced, diversified portfolio. Like all investment vehicles, they can be used improperly, but this fact should not be used to restrict trading or especially to limit them to high-income investors. It is not fair to give accredited investors such
The proposed regulation is unnecessary and counter productive. I have been investing my own money for 40 years. I don't need assistance or restrictions from regulators. I use a leveraged ETF as an inflation hedge and it has performed very well in that function over the past year. We don't have many options to protect ourselves from inflation and your regulation would take
I use leveraged ETFs everyday and am well aware of the risks involved. Pulling retail access from them cripples the idea of a free market. Removing them does not make the market any less risky for retail investors, there are plenty of retail investors who have lost it all on worthless meme stocks such as $GME. This proposal makes no sense once its thought out and reduces 0 risk.
Been investing on a number of crypto currency. No has the right to control or force me to go through anyone or control my actions. If I Lose, that's on me. If I gain, that's on me as well. I'm sick and tired of people thinking they have to put there hand in on money they have no right to have. In the 1st place. If I choose to have aid. I will choose to Go to That aid
I am an individual investor and have been trading since 1993. I have been through many difficult markets and I have increased my net worth many times over.
I have some of my money with a M.L. Wealth Advisor which I pay fees and I have been beating them hands over fists for years. Perhaps you should consider restricting Wealth Advisors as well.
Firm Made Misrepresentations to Customers and Violated Reg BI as well as FINRA’s Suitability and Supervision RulesWASHINGTON—FINRA announced today that it has expelled broker-dealer SW Financial for multiple violations, including making misrepresentations to customers in its sales of private placement offerings of pre-initial public offering (pre-IPO) securities, churning customer
Gentlemen, I have a masters degree in Engineering. I have lost many thousands of dollars in these transactions. I have also lost more in traditional stock and real estate investments as well as made some earnings. My suggestion is that you can not protect me from myself and this applies to others. I understand the good intentions. However please consider going lightly with qualifications and
