I oppose the possible rule changes to limit access to " complex products " such as leveraged ETFs.
User education is the way to go.
As long as investors are warned of the risks , the access must not be taken away from individual investors.
Not just crypto funds but businesses, rights as a parent. And so more more. You have broken so many constitutional rules. Protect this land and hold it in high estem is what you should be doing
SEC Approves Rule Amendment to Create a New Academic Corporate Bond TRACE Data Product
I oppose this rule as I should be able to invest the way I see fit. I use leveraged etfs to balance my portfolio and maximize returns for my family. These types of investments should be available for all, and not the chosen few.
The proposed rule is insane. Having invested in ProShares for many years, I am fully aware of the risks and know how to deal with them. It totally does not make sense to take the privilege away from investors.
As a retail investor and woman, I am opposed to all rules such as this, that allow the rich to invest more freely than me. I resent the insinuation that I don't understand the risk of my investments. This is an equity/class issue! Do better.
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EXECUTIVE SUMMARY
On October 14, 1992, the Securities and Exchange Commission (SEC) approved an amendment adding new Section 45 to Article III of the Rules of Fair Practice requiring members to send account
Please stop babysitting people. We have enough knowledge and brains to decide on our own what to do with our own money and in what to invest. We do not need more regulation or rules.
The federal govts job is NOT to rule our lives. The right to pursue happiness & make investments is our right & is not to be controlled by ANY govt office. Im certain elected officials with exempt themselves from such control.
This petition is being promoted by people who want to scam ordinary folks. The existing rules about unregistered security purchases are, if anything, too weak -- as evidenced by the proliferation of pump-and-dump cryptocurrency offerings and other scams.