I am a retired college teacher and have been managing my own investments for over 30 years. I am quite capable of learning about and choosing the investments that are best for me. All investments should be available to all people, not just the privileged few. I was able to retire because I had access to all kinds of assets to carry out specific strategies in varying market conditions over the
I use 3X ETFs (TQQQ and SOXL) in my standard long term investing strategy has it provides compounding of my assets. It has outperformed most other ETFs over the past 10 years and I have held on through down turns. They are a tax efficient means of saving for retirement. In addition, during times of appreciation I sell a small portion to fund expenses and provide donations to charities. These ETFs
Big government regulations are not needed in controlling investment interest. I should not have to have a degree in investments to be able to choose how I invest. My interest in over the counter investments and pink sheet investments has already been blocked and limits my exit severely due to low volume of stock movement. This move to control trading opportunities, is not in the interest of
Dont impose regulations for regulations sake. I know what i am doing with inverse funds and should not have my freedoms trampled on because of uneducated people making uneducated decisions. Investing is at our own risk and we should never be utilizing an instrument or asset we dont understand. We alone are responsible for educating ourselves but the extent of the education you are proposing to
I believe public investments should be made available to the public, and not beheld to arbitrary regulations. This country operates on the principles of life, liberty, and the _pursuit_ of happiness. As such it should be the responsibility of the citizen to gauge the risk of their own assets, not a government imposition to prevent us from trying. As an investor, I am capable of gauging the risk
Last Voting Date: May 31, 1994
SUGGESTED ROUTING
Senior ManagementLegal & Compliance
Executive Summary
The NASD invites members to vote on proposed amendments to Article III of the NASD By-Laws and to Part I of Schedule C to the By-Laws to require that initial application for NASD membership be reviewed by a Subcommittee designated by the District Committee, with right of appeal
GUIDANCE
Trading Activity Fee
SUGGESTED ROUTING
KEY TOPICS
Legal & Compliance
Operations Managers
Senior Management
Options Exemption
Trading Activity Fee
Discussion In 2003, the Securities and Exchange Commission (SEC) approved amendments to the NASD By-Laws establishing a Trading Activity Fee (TAF).1 Among the covered securities excluded from the TAF are
Outside Business Activities and Private Securities TransactionsBooks and RecordsRegulatory Events ReportingTrusted Contact PersonsCrowdfunding Offerings: Broker-Dealer and Funding PortalsPrevious:Crypto Asset DevelopmentsUp:Firm OperationsNext:Outside Business Activities and Private Securities Transactions
Anti-Money Laundering
Accuracy of Net Capital Computations
Liquidity
Segregation of Client Assets
Operations Professional Registration
Customer Confirmations
DBAs and Communications with the Public
Best Execution
TRACE Reporting
Market Access Controls
Limiting my ability to invest in a diversified ETF prohibits me from building wealth. Free access to markets is a core tenant of capitalism and America.
