To whom it may concern,
Good evening,
It has been brought to my attention that there have been discussions of limitations and extreme regulations when investing in leveraged funds.
I believe strongly that this limitation goes against the nature of the free market which has been established in this country for many years. Any market participant has come to an understanding that there exists
Member Firm Disclosure and Supervisory Review Obligations; Effective Date: April 7, 2008
Dear FINRA Regulators:
I use Public Investments as a tool to build my financial future and that of my family. As an investor I want to have all options available to me and they should be available to others too, at any time, with no restrictions whatsoever. I want to have the right to choose freely what Public Investments to use in my portafolio and assume full responsibility for my investment
This proposal is an egregious regulatory overstep on the part of FINRA.
a) This is antithetical to American values of freedom and equality. Letting some access these products while presumptuously assuming that those without multi-millions don't have the knowledge or sophistication to use these products is incorrect and frankly and embarrassing stance for FINRA to take.
b) Complex and
FINRA,
I am strongly opposed to regulations being considered to limit the ability of the public to invest in leveraged and inverse funds without such things as passing tests on investment knowledge, demonstrating high net worth, getting approval from a broker, attesting to reading certain materials, and going through "cooling off periods" during which one cannot invest.
This regulation doesn't help me as a consumer or investor. It hurts me. It takes away my options and my ability to decide what is right for me and my finances. The attitude that individual investors are too dumb to understand "complex" investments is offensive. I do my homework and choose my investments based on my own risk profile, investment vehicles and asset classes that I
I invest in Leveraged ETF Options as a strategy and occasionally in the Leveraged ETF's themselves. I have been doing this for over 15 years. I have achieved a net profit every single year since I’ve started using them regardless of whether the market is up or down. I strongly believe that I should be able to choose the investments that are right for me and that all public investments
FINRA announced that it has promoted Michael Solomon to Executive Vice President of Examinations and Membership Application Program, effective immediately. Solomon has taken on an expanded leadership role since rejoining FINRA in 2022 as a Senior Vice President and Head of Examinations. Solomon continues to report to Greg Ruppert, Executive Vice President, Member Supervision.
As of 11/16/2021, Jane Street (MPIDs: JSCA and JSEB) is no longer a registered ADF Trade Reporting Only (TRO) participant on the FINRA Alternative Display Facility (ADF). For any questions, please contact FINRA Business Services at (212) 858-4342.
SEC Approves Rule Change Creating New Limited Representative – Investment Banker Registration Category and Series 79 Investment Banking Exam
