This is a ridiculous rule to keep working people poor. Some of us want a chance to be able to grow our wealth to retire early . This is class war. Right now is a very uncertain time and we need to be able to build for ourselves a better future .
We don't need more regulations on this topic. And we certainly don't need regulators defining what "complex products" are. Meddling in this area will cause far more harm than good.
I've got a better idea: let the buyer beware.
I object to limitations on my investments. In a free society I have the right to invest my assets in the vehicles of my choosing. I understand risk and reward and should be free to try tocreate a better future for myself and my family. Restrictions on this ability are un-American if not unconstitutional.
Please don't add burdensome regulations. Informed investors are capable of making intelligent investments after weighing the risks. Uninformed investors will soon learn the hard way why they should avoid risky investments they don't really understand and will be better for the lesson.
Stop treating the public like theyre stupid and restricting them from investments. The real solution is to require those offering more complex investments to provide better education around them and potential risks upfront. Not just restricting them outright.
I consider investing my own money a decision that I am fully capable of making without additional controls. The changes being considered to gate who has access to leveraged and inverse ETFs/Funds are barriers to entry. Personally, I use them in my investing to better manage market downturns and to gain better returns. In 2020 when the market was getting hammered, I was able to invest in an
To Whom it May Concern,Thank you for the opportunity to comment on Regulatory Notice 24-13, “Effectiveness and Efficiency of [FINRA] Requirements Relating to Day Trading.” I am a strong believer in the benefits of engaging the community in this way, and sincerely appreciate the authority's time and attention. Over the past 20 years I have worked in the equity options
I am ashamed at how blatantly our markets are built to generate wealth for a select few at the expense of main st businesses and people. It is an embarrassment that over 100% of a company could be sold short. It is an embarrassment that wall st firms can sell millions of shares short, but mark them long and continue to do business with a laughable fine. It is honestly hard to take FIRNA seriously
TO: All NASD Members and Other Interested Persons
ATTN: Corporate Financing Department
The Board of Governors has adopted amendments to the filing requirements of the Interpretation of the Board of Governors — "Review of Corporate Financing," which will be effective on March 1, 1985. The text of the amendments is attached to this notice. The amendments will exempt from the filing
It is ridiculous that You think you can make better decisions than I can. You should not let an access based on income because income does not necessarily mean lack of knowledge. But he will make their own decisions about what they put the money in.
