Members of FINRA,
Leveraged and inverse ETFs are of great importance to me
and I strongly object to any new restrictions on the usage of these investment vehicles.
I presume that the potential new rules are motivated by the beliefs that 1) these funds are excessively risky and 2) without the new rules, investors will not understand the risks. I dispute both premises. The risks are already
This rule is unacceptable. There is no place to limit "risky" investments from the people. If someone decides to invest in something they do not fully understand, they are accepting the risk that they may loose significant amounts of money. There is no reason to protect people from these. Everyone should be provided with free choice to invest where they wish. Worst case scenario
NASD Rule 2510 - Discretionary Accounts - A member may use the negative response process under Rule 2510(d)(2)(A) to effectuate the transfer to another money market fund of customer free credit balances that have been returned to the member by a fund that has been terminated.
Dear FINRA,
Your proposed rules for trading leveraged products especially net worth restriction will make rich become richer and poor become poorer. Rich will always have resources to meet regulations while poor will struggle to find time and resources to satisfy the regulations.
You should trust people to make decisions that fit their investment objectives regardless of their net worth.
FINRA Requests Comment on Concept Proposal to Identify and Manage Conflicts Involving the Preparation and Distribution of Debt Research Reports
FINRA is issuing this Notice to address certain requirements that apply to the per-share customer account statement values and dividend distributions of REITs and DPPs (collectively, "real estate investment programs") that are sold through broker-dealers, invest in real estate and do not trade on a national securities exchange.
INFORMATIONAL
Operations
Effective Date: September 12, 2001
SUGGESTED ROUTING
KEY TOPICS
Executive Representatives
Legal & Compliance
Operations
Senior Management
ACATS Rules
Uniform Practice Code
Executive Summary
On September 12, 2001, the Securities and Exchange Commission (SEC)
NASDR has filed with the SEC a proposed rule change to amend the Code of Arbitration Procedure to implement a voluntary single arbitrator pilot program.
Comments:The wide use of leveraged ETF offer me the complexity of investment features not found anywhere else. i have the broad knowledge and financial understanding of how these investments work and have utilized them for decades to benefit both me and the clients i serve in my investment management practice. I ask that new rules not be implimented, doing so will not dissuade an investor from
I oppose establishment of restrictions upon individuals to make investments as described in the proposed rule, #S7-24-15. While I support providing individuals with opinions and recommendations, restrictions intrude on decisions best made by individuals who weigh risk vs reward of investments made with their money.
Specific to crypto, individuals need no more restrictions than alternate
