As a retail trader, levered and inverse funds make it easier to allocate less capital to execute trades which has been very beneficial. Additionally it allows for a simpler way to get exposure to the options market. There are plenty of disclaimers and agreements before one can purchase those instruments so there's no reason to get rid of them other than to limit the abilities of the
Putting a capital requirement on freely trading leveraged etfs just adds another barrier to entry for lower income people to enter the stock market. All brokers already clearly state the risks when people trade these products so everyone should be able to determine for themselves whether its right for them. The stock market shouldnt just be a playground for the wealthy it should be for everyone.
You do not have authority to restrict US citizens from buying and selling funds of any kind that are available on the market. If you restrict individuals purchasing funds in any way, this contradicts capitalism. Experience, training and net worth are irrelevant in regards to my ability to purchase and sell funds as I please. I am a United States citizen and I can use my purchasing power as I
I strongly urge the FINRA regulators to drop plans to restrict the use of leveraged or inverse funds. I am perfectly able to read the prospectuses and calculate the risks associated with them. There is no need to require any testing to see if investors understand how they work. These funds are very important to my long term investment planning and help me to protect my capital during periods
I oppose your proposed restrictions on Leveraged and inverse investments. I use these fund to balance my investment strategies and actually to reduce investment risk. You do not have the right to place restrictions on these investments in a free economy. Let Capitalism function properly. The failure of those who take unnecessary risks should not limit those who educate themselves on these risks.
I oppose Rule 3290. It is serious over reach into both the professional and personal lives of Financial Advisors. As I read elsewhere, this is akin to not allowing Real Estate Agents and there families from owning a home. Do not pass this rule!
AI-based applications offer several potential benefits to both investors and firms, many of which are highlighted in Section II. Potential benefits for investors include enhanced access to customized products and services, lower costs, access to a broader range of products, better customer service, and improved compliance efforts leading to safer markets. Potential benefits for firms include
An investment's performance is more than just the amount a stock, bond or mutual fund has appreciated since you bought it. If you want to make informed investment decisions, you should learn how to calculate your return on investment, or ROI.
1. Disciplinary sanctions should be designed to protect the investing public by deterring misconduct and upholding high standards of business conduct.
The purpose of FINRA's disciplinary process is to protect the investing public, support and improve the overall business standards in the securities industry, and decrease the likelihood of recurrence of misconduct by the disciplined
FINRA Notice of Special Meeting of Small Firms and Proxy
