May 2, 2023During this session, FINRA staff discuss the emerging trend of new account fraud, how bad actors are committing crimes through new account fraud, common practices to mitigate new account fraud, and applicable rules, regulations and guidance.Speakers:Blake Snyder, Senior Director, Financial Intelligence UnitGargi Sharma, Investigative Director, Special Investigations UnitCarmi Moser,
Comments: I am fully aware of the risks associated with leveraged funds ETF and I do not like FINRA to restrict or limit my access in this regard.
The use of inverse accounts is one of only a few ways to hedge a personal portfolio without taking even more risk like options.
I oppose restrictions to my right to invest in EFT's and other leveraged or inverse funds. I am capable of understanding these types of investments and the risk associated with the investments.
I oppose restrictions to my right to invest in EFT's and other leveraged or inverse funds. I am capable of understanding these types of investments and the risk associated with the investments.
To FINRA, It has come to my attention through my broker that this notice may lead to a restricting of many types of investments that I have available to me. While some of the recommended requirements such as a cooling-off period and an increase in information that a client must see could benefit retail investors. Other requirements such as a net worth requirement are troubling, to say the least.
i do not need the government telling me how to invest or what to invest in. the risk is my business and not yours. Please stay out of my business.....
SEC Approves Amendments to Require Firms to Add a No-Remuneration Indicator in TRACE Trade Report
We're big boys and girls. We can deal with risk. We don't need regulators telling what we can and can't invest in.
These funds like all ETF, Stocks and options come with risk and potential loss of capital. These ETFs should be allowed to trade at the traders discretion.
