Please stop babysitting people. We have enough knowledge and brains to decide on our own what to do with our own money and in what to invest. We do not need more regulation or rules.
You do not have the right to tell us how to spend our money or how we invest our money. Maybe you all should live by the same rules you have for us.
The federal govts job is NOT to rule our lives. The right to pursue happiness & make investments is our right & is not to be controlled by ANY govt office. Im certain elected officials with exempt themselves from such control.
This petition is being promoted by people who want to scam ordinary folks. The existing rules about unregistered security purchases are, if anything, too weak -- as evidenced by the proliferation of pump-and-dump cryptocurrency offerings and other scams.
This is a [REDACTED] rule. It should either apply to all investments or none. And obviously applying it to all investments is stupid. Therefore, applying to just leveraged or inverse funds is also stupid. LET US EAT CAKE!!!
Proposed Rule change to Amend the Discovery Guide and to Make
Other Conforming Changes to Rules in the Arbitration Codes
The proposed rules are overly restrictive. There are no similar restrictions on other securities such as stocks and bonds. Most investments have the potential to gain or lose value in response to market conditions. It is not appropriate or necessary for crypto to be actively discouraged.
I am against this proposed rule. Individuals are allowed to buy, gamble, open businesses,and donate without analogous restrictions on similar decisions which could greatly diminish their net worth.
Remember, this is a free country.
NASD, through its wholly owned subsidiary, NASD Dispute Resolution, Inc. ("NASD Dispute Resolution"), is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to provide for the payment of a $200 honorarium per case for each arbitrator who considers contested motions for the issuance of subpoenas.
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The National Association of Securities Dealers, Inc. (NASD®) published the following Notices to Members during 1997. Duplicate copies are available for $
