All these "considerations" are excellent and much needed. Since their is a loser on the end of every trade you really have to level the playing field. Secondly the public can't rely on the system to protect them from manipulation and greed. Enforcement of these rules would go a long way towards fixing that.
Summary
The COVID-19 pandemic significantly affected firms’ day-to-day operations across the securities industry, including requiring firms to transition most or all their staff to remote work environments and implement remote supervisory practices. FINRA is committed to providing guidance, updates and other information to help firms and stakeholders stay informed about the latest regulatory
SUGGESTED ROUTING
Legal & ComplianceOperationsSystemsTrading
The schedule of trade dates-settlement dates below reflects the observance by the financial community of Veteran's Day, Thursday, November 11, 1993, and Thanksgiving Day, Thursday, November 25, 1993. On Thursday, November 11, The Nasdaq Stock MarketSM and the securities exchanges will be open for trading.
It is unacceptable to require an individual to have high net worth in order to invest. That needs to be removed from the bill. I find it appropriate to require education and a literacy test in order to access certain business funding/investment opportunities. However, additional safe guards should be added such as green trading, green business and ethical business practice exams. This is the only
I use several brokerage providers. TD Ameritrade, M1 finance, and Robinhood all already provide bold warnings and specific information to guide/educate investors regarding Triple Leveraged or Inverse ETFs.
Brokerages have already/currently provide the critical information for retail investors to make effective trading decisions with these investment vehicles.
I strongly opposed limiting retail
I oppose restrictions on investing in public investments. My broker warns me that some are not suitable for long-term investments, and I heed my broker's advice. I have years of experience trading stocks and options and know the risks of what I am investing in. We have enough regulations especially in the stock and options areas. So, respectfully, let us act like the adults we are.
Dear FINRA,
Your proposed rules for trading leveraged products especially net worth restriction will make rich become richer and poor become poorer. Rich will always have resources to meet regulations while poor will struggle to find time and resources to satisfy the regulations.
You should trust people to make decisions that fit their investment objectives regardless of their net worth.
Anti-Intimidation/Coordination—Failure to Comply With Rule Requirements
48
Backing Away
49
Best Execution—Failure to Comply With Requirements for Best Execution
50
Branch Offices—Failure to Register
39
Cheating, Using an Impostor,
In the interest of transparency and fairness to the market. I believe it is important to have regular and accurate information keeping and disclosure to encourage retail market participants into the market. Professional firms already have fast, accurate and bespoke trading software and information systems that provide them with a massive advantage in accurately determining price inefficiencies
I do not support this regulation. I trade stocks for a living and these vehicles are vital to my ability to make a living. Regulations restricting leveraged and inverse funds are onerous and unnecessary. There are more than enough disclosures required by brokers that can inform the retail investor. These actions will only enrich an already highly-profitable financial industry through the forced
