I am an experienced investor, self-educated, who has used leveraged and inverse products to great effect, to protect existing financial assets, and to responsibly participate in market uptrends, for my family's wellbeing. I am aware, given the abundant statements from brokers and financial media, of the effects of price trend and volatility on leveraged products' returns.
You have not presented any evidence to show that consumers should lose the right to invest. Nor, as far as i know, have you presented any evidence that consumers using leveraged and inverse funds perform less satisfactorily than financial advisors. This appears to be a move to support the financial advisor industry with the restrictions negatively affecting the rest of us. Why are you supporting
After working in the financial industry for over 20 years and now hearing that regulators are wanting to restrict investors on what they can invest in, specifically crypto investments, makes me question the integrity of our regulatory bodies. All investors should have the right to invest in whatever they believe serves their financial goals and future. Is the US becoming communistic like china?
As an MBA, I understand the importance of investment and knowledge of investment. Regulation of retail investment is not appropriate. As a business professional with financial knowledge - these rule changes have will have little to no impact on me. Others, however will be harmed by them.
As a free market society - we should have more freedom in what we are allowed to do with our money vs less
By limilting the investing power of the common individual you are creating a sense of dependancy and not offering a way to financial independance.
It is our hard earned money not YOURS and we should be able to invest it as WE deem necessary. BITO, is no exception. Investing in Crypto Currency funds allows freedom of diversification which is key to financial planning, to anyone who chooses to do
I should be able to choose the public investments that are right for me and my family. And, not have FED REGULATORS decide what I can Buy or Sell.
The Financial Markets are supposed to be an open Market Place, but the Big Financial Boys cannot beat the levered etf's. This is the Real reason for their shut down of levered erf's. Pretty sad, but this is the FED at it's
I fell that various Cryptocurrencies are understandable by me and may play a part in my future financial plans. I am a retired dentist who spends over six hours per work day studying various financial instruments. My total dollar value of all of my stock accounts is over $1,600,000. I believe that to limit my ability to trade in Cryptocurrencies puts me at a disadvantage compared to investors all
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adopt FINRA Rule 6897(b) (CAT Cost Recovery Fees) to implement a Consolidated Audit Trail (“CAT”) cost recovery fee designed to permit FINRA substantially to recoup its designated portion of the reasonably budgeted CAT costs of the National Market System Plan Governing the Consolidated Audit Trail (the “CAT NMS Plan” or “Plan”) for the period of July 16, 2024 through December 31, 2024.
Ms. Jennifer Piorko Mitchell Office of theCorporate Secretary FINRA1700 K StreetWashington, DC 20006Re: Request for Comment on Regulatory Notice 25-05Dear Ms. Mitchell,As an owner of a Registered Investment Advisory (RIA) firm having registered representatives at a member firm that is independent and not affiliated in any manner with my RIA firm, I strongly object to the newly proposed Rule 3290
The use of a combined name on certain public communications to reflect a recent merger of two member firms and create a single global "brand," would not violate the requirement of Rule 2210 that public communications include the name of the member firm.
