Each year, FINRA publishes its Annual Regulatory and Examination Priorities Letter to highlight issues of importance to FINRA's regulatory programs.
SUGGESTED ROUTING:*
Legal & ComplianceRegistration*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On May 13, 1992, the Securities and Exchange Commission (SEC) approved amendments to Article V, Section 1 of the NASD Rules of Fair Practice. The amendments permit suspension of members and associated persons in disciplinary actions
Short selling and rehypothecation has been used to the detriment of retail investors and is threatening to destroy the entire market structure if left unchecked. Stricter reporting of positions, including naked shorts should be happening already. Brokerage firms, market makers, and other financial institutions were never meant to have as much control over the financial markets as they currently
Risk and reward go together in Free Enterprise. The responsibility to understand risk and then willingness to engage are an individual's prerogative. Those of us who are educated, responsible, and recognize the downside should be allowed to invest in leveraged funds. I am somewhat offended that people who don't understand the risk "cry foul" when they don
I wish to state my strongest objection to what I perceive to be an overt attempt by power-hungry control freaks in the federal government relating to limiting access to investment opportunities in, among other vehicles, inverse and leveraged funds. This is nothing more than a solution in search of a problem, in my view, and is a dangerous step toward government control of the marketplace.
The
Dear whom it may concern,
We the people are sick and tired of over zealous politicians that really only care about their own corrupt financial dealings attempting to limit ours "for our protection". We will ask for "protection" if that's what we wish our lawmakers to actually do. People shouldn't have political figures attempting to block them
ALCON:
As a military veteran, it's very demoralizing to see an attempt to limit one's ability to prosper on their own and create independence from others. Requiring credentials to invest is absurd and completely unwarranted.
We as individual investors, should be able to choose the investments that are right for me and my family, not regulators.
Cryptocurrencies are a
I disagree with the proposed rule in FINRA Regulatory Notice #22-08. 1. I should be able to invest in public securities as an individual investor, including leveraged and inverse funds without any barriers. 2. Brokerages can provide disclaimers, notices, and education to individuals however, these should not be a condition for investment or used as a barrier to entry. 3. Regulatory oversight
I understand that you through FINRA Regulatory Notice #22-08 are considering legislation that would likely eliminate my ability to buy leveraged funds, inverse funds, and other public investments. I oppose these restrictions on my right to invest. I should be able to consider risks and determine what public investments are appropriate for my family, not a regulatory body. In todays financial
This regulation would be used by financial advisors to essentially create a tax on individual investors who want to get exposure to certain financial products directly on their own. Perhaps there should be regulations that explicitly lay out risks of certain investments, but to force individuals to take a test or be licensed to directly buy certain investment products is entirely un American.
