Having access to Leverage ETFs and leveraged inverse ETFs gives access to the retail investors the tools available financial professionals. It levels the playing field. It gives the ability to accelerate and hedge our investments. Removing or limiting this access is very unjust to the retail investors. Please make it a level playing field.
It's unfair that large financial institutions would be allowed to use leveraged instruments while small retail investors would not. FINRA is supposed to protect a fair market but this would only make the market more unfair. Why should FINRA tell me how I can invest my money?
The FINRA North Region Member Forum is a one-day event designed to provide financial professionals associated with FINRA member firms in the North Region the opportunity to engage in key discussions with FINRA staff, and connect with industry leaders and peers. The forum also includes thoughtful discussions around the future landscape of the financial services industry, and provides
The FINRA New York Region Member Forum is a one-day event designed to provide financial professionals associated with FINRA member firms in the New York Region the opportunity to engage in key discussions with FINRA staff, and connect with industry leaders and peers. The forum also includes thoughtful discussions around the future landscape of the financial services industry, and the
Industry Governor (Large Firm Representative)Chairman Emeritus, Director, MML Investors Services, LLCGovernor Since 2024Committees: Executive Committee, Finance, Operations & Technology Committee (Chair), Regulatory Oversight CommitteeProfessional ExperienceChairman Emeritus, Director, MML Investors Services, LLC (2007 – Present)Head of MassMutual Financial Advisors (2007 – Present)Vice
Individual investors have the right to freely decide for themselves what securities they want to invest in and what their risk tolerance is to achieve their long term financial goals, without arbitrary restrictions by FINRA. ANY LEGISLATION TO IMPOSE LIMITATIONS OR RESTRICTIONS ON INDIVIDUAL INVESTORS RIGHTS TO FREELY CHOOSE THEIR INVESTMENTS WILL BE MEET WITH FEIRCE OPPOSITION
Government regulations need to stop interrupting American citizens lives by taking away our freedom of choice and speech. We should be able to invest as freely as anyone else no matter their status or financial state. Free to choose is the right of ALL Americans. You have no right to take this away from anyone!!
This regulation would threaten my financial stability as a consumer. The only way I protected myself against the rise in fuel price has been buying levered gasoline ETF's. Please do not move forward with the rule change. Millions will suffer because they will be stuck to investment options that only their employer can control.
I am a Certified Financial Planner with 30 years of experience. These producs must be allowed to be traded by the open public. Any restriction is bad for the markets and the consumer. It is up to the consumer, not the government to make these decisions. There is more than enough information available to consumer regarding any potential risks. They can asses the risk themselves.
Hi FINRA,
You should not determine if an individual can or cannot invest in one of these funds. It should be left up to the individual to perform the due diligence when choosing investments. Taking the route of offering financial investment education in our public school system would be more of a solution. Treat the problem not the symptom.
