I strongly oppose restricting trading. Everyone has the right to pursuit of happiness per the law. Public investments are public and not private/for privileged/rich that can be assessed with a simple test that some people design who themselves may fail when assessed by people with different mindset. Similar to an education degree does not guarantee that they will become Einstein's or
Leveraged ETF's and crypto ETN's are part of my broader strategy in hedging and incrementally fine tuning my use of leverage. Retail investors and traders like myself accept the risk that come with leveraged ETF's, and it's not up to regulators to decide how much risk retail investors should take. Retail investors are capable of understanding the risks
I oppose restrictions to my right to invest. I already have passed tests to prove my competency. I want the same rights as members of congress. Bureaucrats mandating restrictions has been a proven failure.
December 6, 2021FINRA President and CEO Robert Cook and Vice President of Member Relations and Education Kayte Toczylowski are joined by Vice President of Testing and Continuing Education (CE) David Scrams to discuss the CE Transformation including information on the Maintaining Qualifications Program and the transition to an annual Regulatory Element requirement. Senior staff also discuss
I am a successful investor with many decades' experience. Every investment I ever made required me to analyze the risks. Some worked and some failed. I will make my own decisions. The notion of passing a regulator designed test of risk sophistication is ridiculous, frankly insulting. The entire lot of your staff has no more - and probably less - risk assessment expertise. Why should I submit
to FINRA regulators dear sir I am aware of the risks of leveraged and inverse ETFs I don't want to go through special passing tests to invest in these funds.they are important for my investment strategy sincerely
Verification of Emailed Instructions to Transmit or Withdraw Assets From Customer Accounts
All individuals should be able to invest in public securities and everyone should be able to invest in what is right for themselves and their families. You shouldnt have to take a test or need special permission to invest.
This is an unAmerican and classist proposal. All Americans should have the freedom to invest as they see fit, not just the privileged alredy wealthy few. A test is ludicrous. Do not impose this regulation on the backs of the American public.
I find it disturbing that your agency wants to take away my ability to pick investments based on my research and ability to decide how much or little to risk in very common market instruments. Why should I have to take a test to prove to you - unnamed bureaucrats - that I understand the risks and potential rewards of these instruments and what I do with my money.+ What tests can predict the
