I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on you. Excessive regulations favor the rich.
The ability to buy leveraged and inverse funds helps me to reduce risk. It is inappropriate for regulators to take away an easy access to such "tools".
We should have the rights to invested in the leveraged etf which gave us the leverage. We are aware of the risk we are taking.
Firms have used prior FINRA publications, such as Exam Findings Reports and Priorities Letters (collectively, Reports), to enhance their compliance programs. We encourage firms to consider these practices, if relevant to their business model, and continue to provide feedback on how they use FINRA publications.
Assessment of Applicability – Performed a comprehensive review of the findings,
Firms have shared the following ways they have used prior FINRA publications, such as Exam Findings Reports and Priorities Letters (collectively, Reports), to enhance their compliance programs. We encourage firms to consider these practices, if relevant to their business model, and continue to provide feedback on how they use FINRA publications.
Assessment of Applicability – Performed a
FINRA announced today that it has fined BofA Securities, Inc. $24 million for engaging in more than 700 instances of spoofing through two former traders in U.S. Treasury secondary markets and related supervisory failures spanning more than six years.
Please let investors invest freely. Take risks and rewards on their own judgment. Financial markets should be open to all participants.
Do not restrict access to leverage or inverse funds. Investors do need these options. It is their responsibilities to assess the risks and decide either to invest or not.
Please don't make these restrictions. We are aware of the risks as all brokerages and Applications have disclaimer while trading leveraged stocks.
As a grown-up responsible adult I should have the right to choose whatever Investments I desire and willing to take a risk on. This is the United States of America.
