To FINRA
I plead to you on my behalf & on behalf of my family. I am a "small" account holder, for the past 10 years I trade "only" these leveraged ETF's & ETN's. I mastered my own system and this is my only income. If you regulate these investments to large accounts I will be cut out of my livelihood. Finding a new
I urge FINRA to continue to protect the right of choice in how to best protect our investment portfolios in order to help achieve long-term financial security. My fear is that regulations could be too broad and difficult to interpret and therefore, Unworkable: The definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used public securities
It hurts investors.Is arbitrary and unworkable. It upends the regulatory system. I oppose any limitations in my investments.
observation of the Thanksgiving holiday, the ORF System will be closed on Thursday, November 26, 2020. Please be advised that the ORF system will close early on Friday, November 27, 2020 at 1 p.m., E.T. See the table below for a schedule of modified hours. Thank you for your attention to this matter. Please contact FINRA Operations at (866) 776-0800 if you have any questions.
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The private investors should be able to choose the investments he desires to buy in the service of building wealth for his family.
I have used leveraged and inverse funds to great success in hedging my bets against the changing investment landscape.
While I support education about so-called 'complex' investment products, imposing restrictions on purchasing such products is not the right approach. For many years, financial products have been plagued with excessive 'legalese' -- which is the biggest barrier to investors understanding the products in which they are investing. Even the SEC is guilty of obnoxiously wordy
