This is a [REDACTED] rule. It should either apply to all investments or none. And obviously applying it to all investments is stupid. Therefore, applying to just leveraged or inverse funds is also stupid. LET US EAT CAKE!!!
You do not have the right to tell us how to spend our money or how we invest our money. Maybe you all should live by the same rules you have for us.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rules 12100, 12202, 12214, 12309, 12400, 12601, 12702, 12801, and 12900 of the Code of Arbitration Procedure for Customer Disputes (“Customer Code” or “Code”) to expand a customer’s options to withdraw an arbitration claim if a
FINRA Requests Comment on a Proposal to Establish a Publicly Accessible Online Repository of Form 211 Information
The proposed rules are overly restrictive. There are no similar restrictions on other securities such as stocks and bonds. Most investments have the potential to gain or lose value in response to market conditions. It is not appropriate or necessary for crypto to be actively discouraged.
I am against this proposed rule. Individuals are allowed to buy, gamble, open businesses,and donate without analogous restrictions on similar decisions which could greatly diminish their net worth.
Remember, this is a free country.
Series 86/87 Examination Program
With all due respect, your current rules are useless and are easily ignored and/or side-stepped. There is no transparency in the sector concerning shorts. Numbers are self-reported and easily manipulated, hidden, or misrepresented. Without mandated, accurate, and daily transparency of short data, the entire stock market is subject to malfeasance. The retail investor, as well as institutional
Frequently Asked Questions (FAQ) covering reporting of corporate and agencies debt, reporting of mortgage and asset backed securities to the Trade Reporting and Compliance Engine (TRACE)
SEC Approves Amendments Raising the Threshold for Single Arbitrator Cases to $100,000
