FINRA is reviewing retail municipal securities transactions. In connection with this review, we request your firm to produce the following information relevant to retail customer municipal transactions by your firm for the period from January 1, 2009 through March 31, 2009.
SummaryOver the past 18 months, U.S. securities markets have experienced dramatic volatility. At the same time, individual investors entered the markets in unprecedented numbers—often through self-directed accounts at online brokers—drawn in part by reduced barriers to entry, such as low- and no-commission trading and the ability to purchase fractional shares. Increased retail market
I am a 40 year old CFA Charterholder, investing for my own portfolio. I am shocked and disturbed to hear that investing in and/or trading certain products will be contingent upon certain criteria. I am investing my own capital, and feel it is against my rights to be told what I can and cannot invest in. Furthermore, I have completed extensive exams within the financial space, as well as worked
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I strongly oppose any restrictions on my right to invest in public investments. I believe it is my right to make investment decisions that are right for me and my family without regulators getting involved in those investment decisions. I know what is best for me, and I believe it is very presumptuous to assume a regulator is more concerned about my well-being and investment decisions than I am
Respected Regulators, I want to bring your attention to this change. I feel this is not correct for the following reasons: a) I (and my family) should be able to choose the public investments which are right for me as long as I understand the risks and the rewards. Public investments should be available to all of the public, not just the privileged. I don't want others to decide what I can
Retail investors are already severely limited in our investment options both via long only accounts and by a lack of access to alternative investments available to accredited investors. I oppose any and all limitations on my ability to utilize leveraged / inverse funds to meet my investment objectives. These tools are vital in my personal risk management and provide the opportunity for
I oppose having restrictions placed on leveraged ETF;s for the following reasons: 1. There are many individual securities (stocks and funds) that are more volatile than leveraged ETFs 2, Volatility is not risk and more meaningful is the trend of its moving average. e. Volatility provide investors an opportunity to achieve their objective in a shorter time period. Rather than impose restrictions
Leveraged and inverse funds should be available to everyone, not just the privileged. We started buying leveraged and inverse funds in 2011 and over the course of the last 11 years, we have continued to invest more in those funds as we've seen our best returns from these investments. They have also gone down in value but we do not sell when it's down. Leveraged and inverse
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