Hello whoever is reading this, hope your day is going well. I am a young investor with a few years experience actively trading and learning about financial products. Even though you're looking at making changes to how a wide range of complex derivate products are regulated, but I would like to talk specifically on leveraged products as they are what I am most familiar with. I'll refer
Comments: Restricting an investor's access to investment products will only put them at a disadvantage. These tools fit into a number of viable investment strategies, and can be useful to hedge a portfolio to mitigate risk. Having higher net worth doesn't not necessarily make someone a more intelligent, qualified investor. Providing information and making investors aware of
I strongly believe in freedom of trading/investing. There is not much knowledge to have about inverse and other complex ETFs...I dont know how regulators can think this poses risk to public. What poses the risk is limitation of choices for investors. The less choice, the less opportunity to hedge and more losses as a result. For this reason, i ask regulators not to enact this regulation.
I should have the right to choose my investments as I wish. There is no reason to restrict me from investing in Cryptocurrency funds. I understand the risks involved just like I understand the risks in trading options, which I also do daily. Cryptocurrency funds are an important part of my balanced portfolio designed to achieve my financial objectives. I object to having restrictions placed on my
The Product Suitability section of the 2017 Report on Exam Findings informs member firms’ compliance programs by describing recent findings and observations from FINRA’s examinations, and, in certain cases, also providing a summary of effective practices.
Comments: I understand and use the leveraged and inverse funds of Direxion to protect and hedge my other investments .Limiting my access in any way is foolish. I find the disclosures of risks, transparency and education provided is excellent with the funds at Direxion. I find Fidelity brokerage also adds a very protective layer by requiring users sign off on their understanding of the risks of
With the holiday season upon us and 2023 coming to an end, FINRA’s Cyber and Analytics Unit (CAU) would like to remind member firms to prepare for cyber threats and attacks that may occur around the holidays. Member firms and their vendors should consider reviewing and validating their Written Supervisory Procedures (WSPs), continuing to educate their employees with respect to cybersecurity and effective practices, and testing incident response plans (IRPs) to prepare for, prevent, or recover from an incident.
I oppose any restrictions that would limit or prevent my ability to trade leveraged or inverse funds as part of my investment and trading strategy. These instruments provide a means to hedge investments in volatile market conditions. Investing in the market in general requires accepting a certain level of risk and I understand the risks associated with leveraged and inverse funds. Therefore, I do
Comments: The education around the risks of these products has been openly communicated to me and other investors. Investing in any of these products is the sole risk of the investor. Many want to stay away from them. For me, it provides a great opportunity for my investment goals. These products cater to a unique need in the market and preventing anyone with those investment goals from accessing
Hi,
Investors should be able to choose the public
investments that fits my investment goal. I understand the risks and responsible for the consequences.
Public investments should be available to all of the public,
not having to pass a test. Its my own money at risk and shouldnt be restricted on when I can make the trade. I have no influence on the bigger market like the CEO of
