I am vehemently opposed to restrictions to my right to invest in any and all leveraged and inverse trading funds.
I believe I should be able to choose the public
investments that are right for me and my 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
Comments: I think that L&I funds should still be readily available to retail customers without restrictions. I have done my own due diligence, as I think all investors should, in regards to understanding the products and if they are suitable for me. I understand throughly that leveraged products are not meant to be utilized for a long term investment due to the negative drag built
Dear FINRA,
I'm writing to express my opposition to regulations proposed in Regulatory Notice 22-08. I'm against any restrictions on trading leveraged or inverse ETFs. As an investor, I should be able to choose which investments are right for myself. Public investments should be available to everyone, not just the privileged. I am capable of understanding these funds, and should
I'm opposed to FINRAs proposed limits that may restrict access to L&I Funds or to disqualify individuals from trading L&I Funds or other complex products. Limiting access to investors should never be the answer. Education of the risks should be, which is what my financial institutions have provided. As an investor I understand that a leveraged ETF has increased
Comments: I believe that the foundation of a free market is the ability to choose the financial decisions that we as people make. While I understand that regulation is necessary to create a safe market environment with lower risk and less chance of inexperienced losses, there could be no possible way in which new regulations would be fair to all types of investors. A small percentage of investors
I am a successful investor with many decades' experience. Every investment I ever made required me to analyze the risks. Some worked and some failed. I will make my own decisions. The notion of passing a regulator designed test of risk sophistication is ridiculous, frankly insulting. The entire lot of your staff has no more - and probably less - risk assessment expertise. Why should I submit
Regulating the stocks and investments the average American can invest in is the most asinine ideas I have ever heard. The fact that in order to trade a "complex product" I would need to take test and read certain materials, be wealthy, and get special approval from a broker is the worst form of gatekeeping. Not only would you be stopping a large amount of people from investing in
I have a constitutional right to choose how and where I invest my funds. This right should not be regulated to allow only the privileged or those with certain wealth factors. I furthermore do not need to take an exam to determine or allow me to invest my income where I determine is best suited for my needs. These ETFs provide broad exposure and help to offset and contribute to my gains. In
I have invested electronically through Morgan Stanley's ETRADE since it's inception back in 1994. I live in NYC for 34 yrs & know all the public markets well. I have experience in FOREX (25YRS) & the same approximate history within the fixed income, stock & commodities markets. Trade in these US Equity markets is a FUNDAMENTAL AMERICAN CIVIL
Since 2018, FINRA’s and the Municipal Securities Rulemaking Board’s (MSRB) amendments to FINRA Rule 2232 (Customer Confirmations) and MSRB Rule G-15 have required firms to provide additional transaction-related information to retail customers for certain trades in corporate, agency and municipal debt securities (other than municipal fund securities).
