As a regular investor, I should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding
Hello FINRA, Leveraged and inverse funds are important to my investment strategy. For example in a downward market trend (Q1 2022) I am able to invest in an inverse leveraged fund (e.g., SQQQ) to mitigate downside risk associated with my individual stock NASDAQ investments. As my individual NASDAQ investments declined the loss was offset by my investment in SQQQ. This helped me protect (hedge) my
Leveraged and inverse funds are crucial to everyday retail market participants for investment strategies, and provide a means to keep up with shifts in the marketplace. Their availability finally evens the playing-field between professional entities or computer algorithms, and the general investment public, and to restrict individuals from availing of them would be contrary to the public good. I
I am saddened to hear that regulators are considering adding more regulations to an already extremely regulated industry. I understand that investing is an inherently risky undertaking and certain regulations are needed to level the playing field, but having the regulators being the all knowing Nanny for what I can and can't invest in, is a bridge too far. Make the risks known, keep
No body of government has any right to tell the common man what and when he is allowed to invest his earnings. We have the basic right to attain to improve our position in life. actions such as these restrictions would impose, openly call to restrict people to particular classes of society. Actions such as these would openly create a new system of castes and open aritocracy. Those things are in
I wish to continue to have the freedom and flexibility to invest my money as I see fit. Disclosures are already provided on the risks of levered investment products and our education system thankfully teaches every American how to read. If I were an accredited investor I wouldn't NEED to take above average risk for a potential above average return.
This would further increase inequality
Proposed Rule Change to Amend FINRA Rules 7410 (Definitions) and 7440 (Recording of Order Information)
Beginning Monday, August 20, 2018, FINRA will require a change to all FIX trade reporting related to the processing of execution time during Daylight Savings Time (DST) changes. This update affects firms’ transaction reports for all FINRA Multi Product Platform products (MPP), including TRACE, the OTC Trade Reporting Facility (ORF), and The Alternative Display Facility (ADF).
Currently, Tag 60 (
I oppose the proposed regulation. I should have the ability to invest how I see fit. I should not have to be part of the connected privileged class in order to invest in leveraged vehicles. This regulation is creating a two tiered class system which goes against all principles of this country. You should be embarrassed for even thinking such a regulation is necessary. You would be better suited
