America is the land of the free. The idea that certain financial instruments should be denied to all but a few that are allowed past some form of gatekeeper is glaringly unAmerican and unconstitutional. I urge you to protect our rights to purchase leveraged and inverse ETFs. Thank you.
FINRA Requests Comment on Proposed FINRA Rules Governing Markups, Commissions and Fees
The small individual investor should be entitled to invest in the same instruments as the very wealthy. The divide between the wealthy and the rest of the population is growing exponentially. You have a responsibility to all citizens to be able to make investments that help increase one's financial worth.
The FINRA 21-19 filing is a long overdue step in the right direction. However, given the current rules set in place, which allows prime brokerages to give their clients, hedge funds, an ability to essentially circumvent any short position reporting through what they call 'short arranging products' or 'arranged financing programs', the regulations proposed in FINRA 21-19 will
I use these inverse funds to hedge my earnings against rising inflation and economic instability. In my opinion, it is overreaching and punitive to not be able to invest the way I choose to. No test of financial literacy nor any other restrictions should be put in place to invest in these products.
Please leave these financial options open for investors that want to participate in pro shares or etf leverage shares. As a shareholder we know the risk and we know the rewards of ETF leverage Please do not put restrictions on these type of investment. Thank you
I do not need the Federal government to protect me from my own financial decisions, nor should the Federal government impose restrictions on anyone else's investment decisions. Stop assuming all Americans are stupid and in need of protection from themselves.
Why would you stop people from investing as they choose? I don't need a parent looking out for my financial well being. That's not the purpose of our government. If I make bad decisions regarding my investments, it's on me. Thanks
TO: All NASD Members and Level 2 and Level 3 Subscribers
On Tuesday, March 3, 1987, 17 issues are scheduled to join the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,788. These 17 issues, which will begin trading under real-time trade reporting, are entering NASDAQ/NMS pursuant to the Securities and Exchange Commission's criteria for voluntary
This could potentially deny me the freedom to choose investments, like leveraged ETF's, that could help me achieve long-term financial security. I should be able to choose investments based on the long-standing disclosure-based system, without jumping through even more hoops.
