The pubic restricted from investing in public securities is a America was never supposed to be the over-regulated, freedom restricted, over taxed, rights infringing nation it is increasingly headed towards. Placing restriction on our general public and bestowing more privilege to the wealthy defeats the purpose of a free and public market and direct investment. Just the consideration of such
FINRA should change FINRA Rules 12402 and 12403 so that all Claimants and all Respondents have to share the same number of strikes when ranking arbitrators. Under the current rule so long as a brokerage firm and the financial advisor are represented by different law firms then they would get twice as many strikes as a group of investors who are represented by the same law firm. In
(a) Transaction Related Charges
The following charges shall be paid by the participant for trade reporting to the OTC Reporting Facility. In the case of trades where the same market participant is on both sides of a trade report, applicable fees assessed on a "per side" basis will be assessed once, rather than twice, and the market participant will be assessed applicable charges
Why is that regulation meant to "protect the small investor" always ends up excluding them from participating in them? It ends up making the rich wealthier and the poor get poorer. Just because someone is wealthy by no means indicates they are more knowledgeable about risky investments and thus should be more entitled to participate as opposed to a retail investor. Let the
As a Financial Advisor, we have a small portion of our practice that uses leveraged and inverse ETFs in our clients accounts. We fully understand the risks involved. We employ multiple analytics in our decision making process, and use an active trading system in an attempt to mitigate the risks. The long-term results can be quite substantial for our clients. We feel it would not be in our clients
Codifying levered investments as "Complex" and limiting the public's use of them is against the founding principles of this country and will only exacerbate income inequality. Citizens have the right to chose their investment and take their own risks; the government is not intended to play "baby-sitter." If there needs to be a warning such as when signing up for Options
Sirs: I oppose the restrictions and measures FINRA is considering regarding who may purchase "complex products". I support all investors' right to freely access the entirety of the public securities markets without arbitrary restrictions. Do not discriminate among "classes" of investors. Do not "hand pick" and "judge
This spring I have been buying Puts on the TLT which is a triple leveraged product on the 20 year treasuries. I have also been buying out right the TBT which is the triple leveraged inverse of the 20 year treasuries. After watching my balances rise I started tracking the increase in my stock portfolio. On 4/9/2022 my balance was $57,497.57 on 4/15/2022 it was $59,457.61 on 4/22/2022 it was $59
To whom it may concern, I oppose this regulation. On the surface this sounds like government overreach. If I understand anything about the purpose of the SEC, it is not to protect individual investors, it is to protect the system. This would prevent individual investors from easily hedging against a market downturn, but allow "high net worth" individuals who can afford to have money
I wish that I could say how surprised I am that financial and/or governmental bodies are once again displaying bad behavior in terms of how they treat American retail investors, but Im not. The current practice of displaying a warning on risky financial instruments is QUITE sufficient. I can read, thank you VERY much. This has nothing to do with protecting individual investors from themselves and
