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
TO: All NASD Members and Other Interested Persons
LAST DATE FOR COMMENT: SEPTEMBER 30, 1985
The National Association of Securities Dealers, Inc. (NASD), is soliciting comments from members and other interested persons on a proposed new rule (new paragraph (m), Article III, Section 26, NASD Rules of Fair Practice) that would govern the prompt payment by NASD members for investment company shares
Effective Tuesday, May 28, 2024, in accordance with the SEC’s amendments to Exchange Act Rule 15c6-1(a) to shorten the standard settlement cycle from two business days (T+2) to one business day (T+1), FINRA will implement its changes for equity trade reporting. Please see DTCC notice for details of the financial industry coordination for this project
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
It is important for FINRA to adhere with principles-based disclosure regime when promoting rules and regulations. Prohibit retail investors to participate in complex products and options not only violate with the regime, but also reduce the chance for retail investors to manage their risks by using complex products and options. Please noted that majority of complex products, especially exchange-
Hi,
I've always taken personal responsibility for my retirement account and investments. I don't want to have to rely on others for my financial future that I've worked hard to secure. I really appreciate the ability to access and use complex financial tools in the form of simple trading instruments. I use leveraged, inverse and crypto funds regularly for trying to
Leveraged and inverse funds are important to my investment strategy. As someone who cannot invest a large portion of my income, these funds give me the leverage I need to maintain an appropriate growth rate to be able to retire in the future. I have been investing in these types of funds for years and am well associated with the risks. I did dozens of hours of research before I ever invested a
