To limit leveraged ETF funds to the Wall Street elite and the very wealthy would be inequitable. This would be one more step toward the economic equality in this country that has manifested over the past four decades. To have one set of rules for the rich and another for the middle class and lower class limits opportunity to invest and the chance to improve one's financial station in
While I appreciate FINRAs attempt to protect investors from the Martha Stewarts and Michael Millikans of the world I would remind you I am an adult. I made the money and I chose to invest it how I want and I am offended that an institution of regulation would choose to shackle the people its meant to serve to financial servitude of large institutions and limit our freedom of choice to a pre
Final Renewal Statements for Broker-Dealers, Investment Adviser Firms, Agents and Investment Adviser Representatives, and Branches
More government regulations! Seriously?? This is a guise to limit the average American citizens' ability to participate in a free and fair marketplace. This will further "rig the game" in favor of the big financial institutions and eliminate an important financial tool that the small average investor can use to hedge their portfolio's in adverse times. The small investor
Portfolio Resources Group, Inc. appreciates the opportunity to comment on Regulatory Notice 22-08 published by the Financial Industry Regulatory Authority (FINRA). We support FINRAs investor protection mission and commend FINRA for reminding members of their current regulatory obligations. However, we are deeply concerned that FINRA is considering a series of radical and unprecedented regulations
Notice of FINRA Small Firm Advisory Board Election and Ballots
Recommend weekly reporting by from financial institutions and made public on stocks shorted and positions held for shorted stocks. Require increase financial penalties in excess of 75% of invested value to errors in reporting shorted positions
I oppose this unnecessary regulation. This is just a way to stop people from being their own money managers and to unduly force people to use shady financial advisors. Apps like Coinbase, Robinhood, Acorns are amazing because they allow the little guy to enter the market who maybe doesnt have enough to open a brokerage account with a big bank or pay a financial advisors fees and doing this would
I believe that people in the US have the freedom to choose how they conduct their lives if they are not harming others. This right applies to financial choices and the choosing of investment opportunities that are publicly available to all investors. It would be unfair should only the top 1% of wealthiest investors be allowed to fully utilize the financial markets and smaller investors be
(a) General Considerations
(1) Application
This Rule applies to recommended purchases and exchanges of deferred variable annuities and recommended initial subaccount allocations. This Rule does not apply to reallocations among subaccounts made or to funds paid after the initial purchase or exchange of a deferred variable annuity. This Rule also does not apply to deferred variable
