I am diametrically opposed to the financial liberty restrictions being proposed. It is abhorrent that such things would even be considered in the United States of America. Free enterprise is the bedrock of our world leadership across the board. It is the height of elitist distain for the common man to deny access to financial instruments while reserving access to the wealthy who can afford the
I am currently an investor in leveraged and inverse instruments -- these are an important part of my investment strategy. Yes they require some extra work to understand, but they have proven to be a successful investment strategy for me. I do not think you should be regulating access to these vehicles -- the more you restrict access to vehicles like this to "priviledged"
Please stop trying to legislate all of my freedoms away. It seems all that gets done in Washington these days wastes my money, restricts my lawful choices but provides the politicians with a plethora of soundbite tools to facilitate their run for reelection...seemingly THEIR main and only goal. Please protect my choices and my freedoms so that I can make the best and most responsible financial
Less regulation, not more. Existing disclosures on options and complex products are sufficient and clear. Retail traders and investors need level playing field, not more barriers to market access, especially access to innovative financial products. Options and leveraged ETFs, when used properly, are very useful and accelerate the journey towards financial goals. I urge FINRA to maintain status
For Your Information
Financial Payments
On Monday, June 25, 2001, NASD Regulation implemented new addresses for all financial payments—including payments to CRD/IARD. The new P.O. Box will facilitate more timely automated processing of payments and is the primary address to which your firm sends all checks/payments via regular delivery. Please note that the P.O. Box for regular delivery
SummaryIn February 2012, pursuant to an SEC order, FINRA established an accounting support fee (GASB Accounting Support Fee) to adequately fund the annual budget of the Governmental Accounting Standards Board (GASB). The GASB Accounting Support Fee is collected on a quarterly basis from member firms that report trades to the Municipal Securities Rulemaking Board (MSRB). Each member firm’s
Are you kidding me? Do you want to be more obvious that you're aware your financial system is broken and the retail investor has figured out the game. This screams that regulators are afraid of the power of the every day citizens. DO NOT PASS THIS REGULATION. People deserve the power over their own finances no matter how small they may be. If this is a reaction to the rise of the retail
Hello, I believe FINRA has the power to do the right thing. Retail investors need protection from the power and corruption of many financial institutions, with their lobbying and access to greater resources than retail traders. FINRA should enhance their regulation of harmful behaviours from these financial institutions.
To whom it may concern,
Inverse funds have become one of the few way that I can protect myself from a move to the downside in the financial markets. Ive been in the market for the last 3 decades. Ive experienced several dramatic market sell offs during that time. I understand there is significant risk involved with investment in financial instruments. Risk is involved in every aspect of my life.
There would be no concern with requiring additional disclosures to ensure investors understand the risks of these "complex" products. Limiting these investments to accredited investors however would be wrong on many levels. The fact an individual has a higher net worth than most does not automatically grant them additional understanding of financial products. This would result
