Options and other potentially complex investments represent one of the only ways that those without means may change their lives. Blocking everyday people from such channels is tantamount to constraining them to lives of poverty and lack. Why should only well-off people, often those who were merely lucky enough to 'win the birth lottery', be allowed to better their lives? Why should
Comments: I am not confused on these inverse and leveraged products. I know how they work and like trading them without having to worry about the risks about losing more on margin. It allows better participation from retail traders who are educated on the risks and rewards of these products.
You might have noticed some market volatility over the last couple of decades. There is no better way for small investors to protect themselves than with leveraged and inverse funds. Please resist the urge to pass legislation that is unlikely to accomplish whatever objectives are being touted.
Remarks from the FINRA Annual Conference
Please investigate and better report short interest with etfs XTSLA, IJR,IWM . More transparency is needed with failure to delivers and dark pools. AMC and GME look like they are being heavily manipulated in every which way possible. Help end corruption and theft.
These are products that are used by sophisticated investors who understand the risks and are willing to take them as part of their overall strategy for their reward.
Restricting access or imposing onerous criteria to meet before an investor can trade/invest in them goes against every principle of a free-market economy.
The entire premise of this regulatory notice is false, and data mining is used
Keep your hands off my money. Its my Bitcoin and my keys. Just dont do it. Lets keep America the economic hub of the world. Do not legislate against bitcoin, its only going to hurt the country. FINRA, boooooo. Do better.
Quit messing with are investments! Who made you God? Everyone should be able to without 'your tests!' America would be a better place without Elitists like you! You think you own everything and everyone, don't you! Quit looking down on people!
I am writing to tell you that I oppose restrictions on being able to invest in public investments. I find it ironic that a group of regulators would be better able to choose the investments that are appropriate for my family. I have been a successful trader and resent people micro managing my decisions.
Enough already, theres way too many regs already. Better time spent would be to pursue the likes of JP Morgan and any other spoofers. Proper use of leveraged trades allows us small traders the ability to take advantage of our market studies
