I stand in opposition to any proposed FINRA regulations that would prohibit me from purchasing or owning inverse or leveraged funds. Further, I oppose any attempt to create a special process such as passing a test before I can invest. After all, they are public securities. These products include extensive disclosure documentation which is more than sufficient to warn of the potential risks of
As a 'retail investor' I support these measures. I have investments with professional financial advisors/brokers as well as my own self guided investments. I can honestly say if I were to get into complex products such as options, leveraged funds, etc I would not understand the true risks I was taking. I trust my financial advisor/broker to understand and manage these risks, so I would
I have been trading complex products for 12 years, I am profitable and dont need you interfering in my financial future. If you wanna make me sign a piece of paper saying that I have read about the dangers, well, that is probably a good idea for the general public. So I dont mind. But do not force me into cool down., When I have complex options to protect me from any losing positions, your
To whom it may concern,
I am sick and tired of government intervention in Americans daily lives. The excuse is always that
its for your protection We want the government to stay out of our lives. If we make mistakes, that are ours! You havent dumbed down America enough yet, and well see that you never do. Stay out of our lives, investments included. Our founders wanted as much individual Liberty
I have been trading stocks for the better part of 8years, I feel like we need the utmost transparency with regards to short interest data. I do not understand how a stock like AMC keeps getting hammered down or trades sideways on good news as well as millions of investors holding and buying more on the dips. There is definitely something sketchy going on, and unless there is more transparency I
I am extremely upset with this proposed rule as I want the ability to choose what public investments are right for me and my family, and not some bureaucratic regulator that knows nothing about me or my situation. I should not be forced to go through a bunch of ridiculous hoops and processes to be able to decide how I should invest my money. I am well aware of the risks of leveraged and inverse
I should be able to be able to short stocks just like the professionals. They would not like to be restricted either! It is an unfair playing field when you have to play by different rules than other investors. It's called cheating! I should be able to not have restrictions on my IRA either and should be allowed to short stocks like other investors and now you want to take away the only
I am very troubled upon hearing FINRA is considering limiting or stopping many investors from being able to invest in inverse funds. You cannot short stocks in an IRA so inverse funds are one of the main ways you can still make some investment income when the market is dropping. Why are you continuing to divide the majority of investors from the elite and large investors that can do almost
It makes no sense to me for regulators to restrict access to leveraged and inverse funds to accredited investors. I am an accredited investor for many purposes but earlier in my investing career, I was well aware of the risks of leverage but because such funds were rare, I was unable to access them without incurring substantial margin debt. Similarly, investors need access to inverse funds when
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
