Regulators need to limit their over reach. As I take no support from the government in terms of financial support. I should be left alone to invest when and how I so chose. Only those under governmental subsidies should be regulated and under any investment oversight. My gains should not be of concern nor should my loses.
I am very much against restrictions proposed in this regulatory notice. While the risk of financial loss when investing in these products is high, so is the opportunity for significant profits. Government should not control how I invest my money or make me run through multiple hoops to invest. Please do not implement the proposed rules.
TO: All NASD Members and Other Interested Persons
The following is a list of NASD Notices to Members issued during the first quarter of 1986. Requests for copies of any notice should be accompanied by a self-addressed mailing label and directed to: NASD Administrative Services, 1735 K Street, N.W., Washington, D.C. 20006
Notice Number
Date
Topic
86-1
January 2, 1986
Amendments to Venture
Testimony Concerning Auction Rate Securities Markets, Committee on Financial Services, U.S. House of Representatives
Financial regulators should be in the business of protecting investors from fraud or general education. Limiting investment options including those with diversification value should not occur. Forcing training or exclusionary measures also should not occur; investments are individual choice. Recommendation: Create the best investor education website and people will come to learn on their own.
Hello, LETF leveled the playing field and I can manage my own investment. I understand the risks and do not need FINRA to protect me from complex instruments. Whoever is supporting more regulations are people who have financial motive to "educate" and "help" retail investors for a fee of course.
Introduction: Guidance for Arbitrators on Requests to Produce Suspicious Activity Report Information
By Judith R. Starr *
Introduction by Alma Angotti **
Introduction
On October 26, 2001, President George W. Bush signed into law the USA PATRIOT Act (Patriot Act). Title III of the Patriot Act, entitled "International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001,
I'm a financial professional fully licensed with a Series 7 and 24. I utilize leveraged funds not only in my retirement account but also in my retail account. I utilize leveraged inverse bond funds, biotech funds and QQQ etfs. There should be no limit on these funds, with the exception of 300+ % leveraged funds. That's when risk becomes unmanageable in my opinion.
Investors are responsible for their own decisions. If someone wants to invest in leveraged and inverse funds, they should be able to do it without regulation. Public investments should be available to all of the public, not just a privlieged few in society and you shouldn't have to pay a financial advisor to trade in leveraged and inverse funds. I oppose the FINRA Regulatory Notice
The world will be a financially better place once Citadel and their evil spawn are forced into liquidation.
