Why on earth would a "regulatory agency" restrict the financial movements of the citizens they allegedly claim to protect? Better said, why do we have these regulatory agencies in the first place? You are restricting the movement of American people to prosper and invest as we see best. WE are responsible for our spending, our investing, and our losses. Keep your sticky fingers
a. Public investments should be able to all of the public, not just the privileged
b. I am well capable of understanding leveraged and inverse funds together with the risks and certainly don't need special tests / process to pass before we can invest in these types of securities.
c. Leveraged and inverse funds are important to my investment strategies.
d. It is better that regulators
I've used leveraged and inverse ETFs for decades now with no issues and I strongly oppose restriction of their use. If you are going to start choosing what public investments can and can not be made by individual investors, you will have to lay out a clear rationale for each decision and that will highly likely be perceived as arbitrary leading to multiple issues for you. If your goal
The ability to trade inverse and leveraged investment vehicles as well as closed end funds, volatility assets, stocks bonds and options are all equally important to me personally! Regulators should not be able to determine what I as a long term sophisticated investor should be able to trade. There is no reason to make me subject to any special process or approvals, I have been using them for a
I believe FINRA's proposed limits try to address a problem that does not exist. Retail investors should have the freedom to decide what to do with their money and Direxion does a great job with several resources in their website to inform us about the risks of leverage investments.
I understand well what the risks are of investing in leveraged ETFs and they have made me a better investor
You should create a public portal where people can ask their questions publicly and WEEKLY have the SEC chairman answer a bunch of them. The reason people are generally so angry with the SEC is because we never feel like they actually have the retail investor's best interests in mind. Communication is KEY to success and the more the SEC has open communication with who they represent, the
I should be able to choose public investments that are right for me, and these investments should be available to all of the public. I should not have to go through a special process or test to invest in inverse and leveraged funds. I understand their risks well - information on them is widely available. Leveraged and inverse funds are an important part of my investing approach, allowing me to
Dear FINRA Regular retail investors should not be precluded from access to leveraged investment products. By only allowing institutions to use leveraged investment vehicles you are discriminating against individuals and preventing them from using all of the tools in the investment tool kit. Life is risky, individuals do not need to be protected from themselves by the government. Instead you
Please refrain from anymore meddling in the affairs of the working class. If we earn the money, it's our right to spend it as we see fit! Your time would be better spent policing the mega banks. You spend all of my tax money building a case against these large banks, and then slap their wrists with minuscule fines. It's no wonder that they will always be repeat offenders!!!!!! Just a
FINRA’s examination program plays a central role in supporting FINRA’s mission of investor protection and market integrity. A main component of this program is FINRA’s examinations of broker-dealers (“firms” or “members”) that are conducted on a regular cycle basis: each firm is examined at least once every four years, and many are examined even more frequently. In connection with each of these examinations, FINRA prepares a report—which is available only to the relevant firm—addressing certain aspects of the firm’s compliance with securities rules and regulations. Firms are required to address issues identified by FINRA, and many do so by proactively taking corrective action before FINRA concludes its exam. Through this sort of rapid remediation, firms strengthen their compliance and supervisory programs, which ultimately helps better protect investors and the integrity of the markets.
