Taking away this right does not all a true free market. There are numerous ways to trade that are higher risk such as weekly options and micro stocks, what is the difference? This limits what should be a true and free market.
Spend your time protecting investors from real threats, punish politicians who inside trade on a daily basisleave leverage funds aloneI have the right to invest MY MONEY the way I want
How about instead of trying to regulate the free market you start preventing congress from trading on inside information aka nancy pelosi. Leave my leveraged etfs alone you communists
Series 7 registered representatives are not required to register under Series 55 as equity traders based solely on the fact that they perform the clerical function of entering customer phone orders into the same routing system that customers could use to enter orders electronically. The Series 7 representatives, under the facts described in the letter, would not provide any advice to the customers, including advice on possible paths or methods of execution.
Comments: FINRA should not over-regulate the ETF market, which is quite efficient as is. I have traded ETFs for 40 years and they have served me well as far as picking a sector rather than a singular stock.
Comments: Please do not limit access to leveraged and inverse funds. They are valuable tools for navigating the turbulent market. Please do not take away one of the few channels the retail trade has to engage with market.
This is AMERICA, the land of the FREE. In our country, PEOPLE should choose not leglislators. We are trading and investing with OUR MONEY not yours! We need leverage and inverse funds for our strategies. You work for US!
I encourage you not to restrict my freedoms to trade investment securities. The United States of America achieved it's greatness because of its freedoms and limited government regulation, please do not interfere with our freedoms.
I have been trading stocks and options for over 20 years and have done quite well. I oppose any regulator who limits my ability to continue my current practice and continued success.
I think due to the fact of covid it reall messed up the ability to invest proper and if we aren't able to trade leveraged stocks alot alot of people will loose money and the whole market as a whole will fall.