My primary concern with this notice is the following statement: "whether the current regulatory framework, which was adopted at a time when the majority of individuals accessed financial products through financial professionals, rather than through self-directed platforms, is appropriately tailored to address current concerns raised by complex products and options." The concern is that
SEC Approves Amendments to Transaction Reporting and Trading Activity Fee Rules Related to the Reporting of Asset-Backed Securities Transactions
I completely disagree with the imposed new regulations I shouldnt have to go through special hoops to invest in products. Leveraged products are important tools for my financial situation to achieve my goals and I should be allowed to invest in them with as much it as little as possible whenever I want. Do not limit my ability to invest in leveraged or inverse financial products. You are limiting
This regulatory change further exacerbates financial disparity in access to investment vehicles based on high and lower income earners. Consumer safety is important but not at the expense of force limiting options for investment. Whats really needed is stronger financial education, accessible regardless of means, which provides more opportunities for everyday Americans to build wealth based on
(a) Notice of Pre-Use Filing RequirementPursuant to Rules 2210(c)(1)(B) and 2220(c)(2), FINRA staff may issue a written notice requiring a member to file communications with the FINRA Advertising Regulation Department at least ten days prior to use if FINRA staff determines that the member has departed from the standards of Rule 2210 or 2220.(b) Service of Notice of Pre-Use Filing
Investing is a personal right and should not be regulated away from private individuals. The things you should be regulating and/or stopping is the back-door dealings the elected officials are allowed, by turning a blind eye. In turn allowing them to make millions from these dealings while in and after leaving public office!
While I am not a financial professional, I have been managing my own investments for over 40 years. Studying the financial markets and the available instruments is something that I do on a regular basis. I fully understand the risks of leveraged and inverse funds and have successfully used these funds to help me meet my financial goals as part of diversified investment portfolio. I do not feel
FINRA Rule 1017 requires member firms file a Continuing Membership Application (CMA) with FINRA's Membership Application Program (MAP) Group prior to implementing any material changes to the firm.
The ability for the general public to invest in various types of financial instruments and vehicles should not be restricted, and doing so would be anti-American in spirit. Let us consider and example of why this the case: the internet has helped promote the democratization of information and provided an incredibly valuable resource for individuals to learn, communicate, share ideas, create art,
FINRA Requests Comment on the Effectiveness and Efficiency of its Gifts and Gratuities and Non-Cash Compensation Rules
