I am 72 and retired Wall Street for over 35 yrs. No one but me should determine what is suitable for me.
Your rules lose people money. Your 3 day trades in 5 days in these volatile markets guarantees losses except for the most nimble.
Please go on a long vacation allow brokerage firms to know their customers!
Leveraged ETFs and options can help us (individual) to reduce investment risks in many cases.
If limited or forbidden individual investors to use that, will let us bear more risks than companies. It is not fair to individual investors. Limited trading leveraged ETFs and options will make individual investors in a weaker position and loss tools to protect ourself.
(a) Under the terms of the business arrangement establishing the FINRA/NYSE Trade Reporting Facility, NYSE Market (DE), Inc. (“NYSE Market”), as the Business Member, has a non-exclusive, irrevocable, worldwide, perpetual, royalty-free right and license to use covered market data, consistent with all applicable laws, rules and regulations. NYSE Market, as the Business Member, has a contractual
<p>Cash rebates issued to pension plan customers with respect to secondary market transactions in outstanding securities (under former Article III, Section 24, now Rule 2740 and IM-2740).</p>
The way the stock market is set up for the larger entities to easily outweigh performance of the average retail trader is completely absurd. With stocks that are being massively shorted, much like Tesla (TSLA) was back a few years ago, and other stocks now like Gamestop (GME), AMC Theater (AMC) , Nokia (NOK) and many more, it allows such a distrust in the system for who can make money FAIRLY. If
I would like to strongly express my displeasure with the SEC proposal to restrict my freedom to invest in any instrument of my choosing. I have been trading financial instruments for twenty years and do not need your opinion as to where I should or should not invest. I find this highly invasive of my privacy and freedom. Leave me alone.
It is the investors duty to make sure they perform they fulfill their due diligence on the stocks they are going to invest. Most of the trading platforms warn the investor about the nature and volatility risks of these stocks already. There is no need for extreme oversight as such. They should put these regulations in action for the gambling industry if they want to protect the consumers/retail
I find the inverse funds etfs are a convenient way to trade market trends. The prospectuses and notices to investors have made me aware of the potential for financial loss in using these investment instruments so I am careful and vigilant in my use thereof. I don't feel further regulation is warranted and I believe it would serve to put undo restrictions on investors.
I am opposed to FINRA establishing boundaries / restrictions on my ability to trade leveraged and indexed funds without meeting certain "educational", experiential, net worth, etc. criteria. I will definitely encourage and join any class action suit if FINRA takes any such steps and have several General Counsels and Pillsbury Shaw Pittman to work with.
let us invest and trade, some of us are following newsletters for years. we don't want to now be limited. these investments let us put on a hedge and stay long. don't make us take some test, it is too limiting. free country to learn and invest and we want different ways to balance everything out
