As a not-for-profit membership organization, FINRA is committed to transparency and engagement with our members regarding our finances. Accordingly, we want to update you about a fee rebate to our member firms.
TO: All NASD Members and Other Interested Persons
The National Association of Securities Dealers, Inc. ("Association" or "NASD") is requesting comments on proposed amendments to the Corporate Financing filing requirements which would exempt from those requirements all debt and equity securities registered with the Securities and Exchange Commission ("SEC" or "
I believe that I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just privileged individuals and families.
I understand leveraged funds and the risks. I see no need for tests before being able to invest in these funds, nor more measures to impede my options to invest.
I use these types of funds
Dear Sir or Madam,
I am an individual investor to stock market in US, and part of my portfolio is consisted of leveraged ones. I like this measure, for it is good way to invest more than available cash or other asset and provide me opportunity to get better result. Please do not restrict this opportunity and let me keep doing what I have been for 10+ years.
Waiting for good news
As an investor, an adult an an American, I am continually amazed and disgusted by bureaucrats who think that they are better qualified to decide what I should do than I am. The US Government is entirely populated with incompetent people who constantly stick their noses in the business of everyone else while their own employer is $30 trillion in debt and can't even perform the most
I would suggest that if you are considering stiffer regulations on leveraged investments, you should take a look in other places where there is nothing but hot air underneath. Netflix, Rivian and hundreds more highly inflated stocks. The problem with that is given your belief that more government is better government would drive you there without that suggestion. These investments give the little
To whom it may concern:
While I believe your intentions are to protect people from making unwise - or not understood - investments where they lose more than that can afford, I don't agree with it. I believe people should be able to choose the public investments they believe are right for them and their families. Public investments should be available to the public. Requiring special
While I am sure the intent of this proposal is to protect retail investors, things like quizzes on investment knowledge are ridiculous. The definition of complex products is complex. Do target date funds in everyones 401k meet that criteria? I think FINRA needs to take a step back. Retail investors should have access to all the products they need including hedged products, inverse and levered
I want to be able to choose what investments are right for me. I want these funds to be available to me to choose from. I'm capable of understanding leveraged and inverse funds and their risks. These funds are an important part of my investment strategy. They help me protect my investments some times and some times give me better returns and use these as certain part of my investment mix. I
By Greg Ruppert, Executive Vice President, Member Supervision, FINRA
As a self-regulatory organization, FINRA is uniquely positioned to engage with member firms to understand their business models and provide them with timely, actionable insights and information. As part of FINRA Forward, FINRA is working to enhance how we support member firm compliance to better protect investors and safeguard markets, including strengthening the constructive feedback loop from FINRA’s regulatory programs to our member firms. Sharing information gathered through our regulatory programs can help member firms improve the efficiency and effectiveness of their compliance capabilities, understand how their compliance programs compare to other firms, and potentially avoid issues that might otherwise develop into compliance failures.
