Hi,
I came across this information that FINRA is trying to come up with regulations that will decide on who gets to invest in which publicly available securities.
I don't see any reason why FINRA should dictate what I should or should not invest in. I should be personally responsible and liable for my decisions.
Additionally this may create an unfair advantage for privileged few and
I oppose restrictions to my right to invest. I should be able to choose the public investments, that are right for me and my family. Public investments suould be available to all of the public,not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds.because I am well aware of the
I shouldn't have to go through any special process like passing a test before I can invest in public securities,
like leveraged and inverse funds. Public investments should be available to me, small investors, and all of the public - not just the privileged / institutional investors.
This seems like institutional / wealthier investors revenge or backlash from the Gamestop / Robinhood
INDIVIDUALS not regulators have the right to choose what we invest in! The investment market is already too restricted by limiting certain investment types to "high net worth individuals" and "accredited investors" which DISCRIMINATES against average people who want to invest. You're not allowed to make money unless you already have money! It is not
As an investor in leveraged funds, I find it upsetting, and frankly, ridiculous that regulators are investigating banning these funds in the name of protecting the consumer.
Enough with the government regulations to protect people from doing what they want with their money! Whats next, are you going to ban people from gambling away their savings unless they can pass a test first and/or show
This is complete insanity. Might as well be called the "Forced Pay Wall Street 3% Your Net Worth A Year Rule". Now advanced financial products will be cut off for everyone except the ultra wealthy? How could you possibly think this was a good idea? How about we drop the charade and just ban retail brokerage accounts. Really let wealth advisors run crazy when they know there is no one
I am highly concerned about FINRA Regulatory Notice #22-08 because it could negatively impact the time and effort I have put into managed my leveraged portfolio. By imposing rules that restrict the freedom of my financial decisions, the regulation will make generalizations about who is sufficiently knowledgeable about leveraged products to use them properly. Adding special hoops to jump through
It's especially important regulators hear from you in your own words. Please use the body of this email to customize your response.
NO NEED TO TEST ANYONE FOR INVESTMENTS OR ANY OTHER FINANCIAL DECISIONS. WE ARE THE PEOPLE. WE WILL VOTE YOU OUT OFFICE . OR YOU CAN JUST BE IMPEACHED.
ALL OF YOU. YOI ARE GUILTY OF INSIDER TRADING,.LAUNDERING MONEY, AND MAKEING THINGS SO EXPENSIVE WE ARE
Hello, First of all any rule changes should effect at least after 12 months (maybe 24 months) to be fair for the investors. We are using these funds generally to protect (hedge) our investment or sometimes to gain in a short time. We know the risk of the any investment which we are investing. So, actually/generally I oppose restrictions on my right to invest in public investments. Rules should
FINRA regulators: Please do not add additional regulation to leveraged and inverse funds as proposed in rule #S7-24-15: Why? 1. These are ALREADY public products APPROVED by the SEC and INCLUDE clear risk warnings. Why impose higher hurdles that would PRECLUDE my ability to use these products. I am specifically concerned about the condition to demonstrate high net worth as I am a small investor.
