Individual investors should have the right to invest in a variety of asset classes and financial securities with varying amounts of risk rather than restrict them to a privileged few (trusts, hedge funds, high net worth individuals, etc.).
I personally have held series 3,4,7,24,55,63,66 licenses in the past and well aware of how leveraged financial instruments work!!!!
If the instrument is publicly traded the public should be able to take positions in it....quit trying to manipulate how the market works
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend temporary Supplementary Material .17 (Temporary Relief to Allow Remote Inspections for Calendar Years 2020 and 2021, and Through December 31 of Calendar Year 2022) under FINRA Rule 3110 (Supervision).
As an experienced investor, I fully support this regulation. I assist other seniors in financial management and have far too many inappropriate investments promoted. Anyone investing in a complex, high risk instrument should be thoroughly vetted for knowledge and appropriateness.
If the government can intentionally make bad policies decisions that negatively affect the economy and our hard earned retirement, we should be able to counter the terrible policies with investments that protect us from financial destruction. Thank you
AI-based applications offer several potential benefits to both investors and firms, many of which are highlighted in Section II. Potential benefits for investors include enhanced access to customized products and services, lower costs, access to a broader range of products, better customer service, and improved compliance efforts leading to safer markets. Potential benefits for firms include
The world will be a financially better place once Citadel and their evil spawn are forced into liquidation.
Dear Financial Regulators,
Please put these products behind reasonable knowledge or acknowledgment-of-risk walls rather than wealth walls where only potentially unknowledgeable wealthy & only already-wealthy investors can capitalize on the opportunities unlocked by these products.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
Investing in cryptocurrency funds, such as BITO, is
important to my investment strategies. This my
way to use cryptocurrency funds to
achieve my financial objectives, including by diversifying
my investments as part of a balanced portfolio.
I oppose to the regulation because I believe I have the right to choose any public investments as I want to invest in. Only allowing financial institutions to invest in leveraged investments is unfair to the public because it gives them the privilege to invest in potentially higher-return ETFs.
