Hello FINRA,
I oppose the proposed restrictions on my rights to invest. While I appreciate your concern for the safety of my investments, I am fully aware of the risks involved when purchasing leveraged or inverse funds.
Leverage is a useful financial tool used by almost every financial institute in America, and I don't see any reason why I should be barred from using it.
Leverage can be
To Whom It May Concern:
I am opposed to any limits on what I, or other American citizens, can invest in. While I appreciate the need for education and careful analysis, it is up to me to do my due diligence and make the final decision.
Certain types of investments should not be reserved only for people with high net worth or specific financial experience.
Instead of limiting my ability to invest
Dear FINRA,
I think the current rules for investors are sufficient and there should not be more regulations placed on people in making investment decisions. I believe the vast majority of investors understand the risks of being in the market. Leveraged investments and those for accredited investors provided needed capital and are valuable tools in managing risk in a portfolio. Investors do not
I am not a child or mentally deficient so I find it disturbing that FINRA regulators feel that I need a nanny to oversee my financial decisions. Wealthy investors have access to advanced financial instruments not accessible to regular investors like myself. Leveraged and inverse funds somewhat even the playing field for retail investors. When the market becomes volatile I can hedge my investments
FINRA Rule 2360(b)(3)(B) provides that “…no member shall effect for any account in which such member has an interest, or for the account of any partner, officer, director or employee thereof, or for the account of any customer, an opening transaction in an option contract of any class of index options dealt in on an exchange if the member has reason to believe that as a result of such transaction
I highly disagree with the proposed restrictions regarding "complex" products, which isn't well-defined in the notice write-up. Not only would creating additional barriers and limiting opportunity to retail would have broader implications and negative outcomes for capital markets overall, but it removes the necessary risk management tools in an increasingly complex and evolving
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The Department of Treasury recently finalized two amendments to the Bank Secrecy Act (the Act) regulations. One amendment adds a definition of "structuring" to the anti-structuring provision, which prohibits
In a free market it should be up to the individual investor not some back office bureaucrat trying to corner off the market for his wealthy elitist friends.
Leverage funds allow young investors to use leverage in a much easier way than to go through traditional means of leverage.
Stop doing favors for your wealthy friends, by cutting the market off from regular investors.
NASDR has filed with the SEC a proposed rule change to the Code of Arbitration Procedure (Code) of the National Association of Securities Dealers, Inc. to change the interpretation of the Code such that claims relating to transactions in exempted securities, including government and municipal securities, may be submitted to the Office of Dispute Resolution (Office) for arbitration under the NASD
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Executive Summary
On August 25, 1997, the Securities and Exchange Commission (SEC) approved amendments to the National Association of Securities Dealers, Inc. (NASD®) Rules
