(a) Definitions
For purposes of this Rule, the following terms shall be defined as provided.
(1) "Emerging Growth Company" has the same meaning as in Section 3(a)(80) of the Exchange Act.
(2) "Equity security" has the same meaning as defined in Section 3(a)(11) of the Exchange Act.
(3) "Independent third-party research report" means a third-party research report
Comments: As an RIA and CFP Professional with over two decades experience I can tell you that retail investors are far more experienced, savvy and informed than when I started in the business. Teenagers invest through their phones, something I never dreamed of at their age. The disclosure and consumer warnings required by leveraged products providers more than addresses the risks involved in
A proof of competency will automatically segregate out those of a different background either due to the education system they were forced into by their location or if English isnt their first/native language. Investments should not be up to regulators but the individuals.
Please support crypto but not over regulate it. We are aware of the risks. We do not want heavy government involved. Leave us alone. Every financial system you have touched is destroyed.
The only people that these restrictions would benefit would be wealthy individuals with inside information. The Pelosi's have enough money. Stop stacking the system against people like me. Oh, by the way ... I vote.
Now that the Government is developing its own crypto currency system they want to relate free market crypto..
Feels like a massive conflict of interest to me and infringes on our right to do commerce.
Remarks from the Women in Housing and Finance Luncheon, as prepared for delivery.
There is no valid reason to restrict freedom of investment in this way. If the United States continues to restrict freedom then a more competitive system will replace it. If these investment products are available to wealthy Americans then they are good enough for every American.
It is not the job of FINRA to determine what investments are "proper and allowable" for individuals - that is OUR choice! I use inverse funds to mitigate potential losses from our equity investments - so we can build an equity portfolio but limit potential losses during market swoons by balancing some of the equity positions with inverse funds without having to adjust our equity
I oppose FINRA's proposed rule #22-08. My ability to invest the finances of my family should not be left up to the discretion of government or regulators. The ability to invest in public securities should not be withheld from the general public not should we be required to pass a test to invest our own finances. We take a known, and sometimes unknown, risk when we invest our finances
