Let us make our own decisions what to do with our money. Investors could do (and doing it) research and make educated investment choices without regulator looking over our shoulder. Financial firms already has number of disclosures for every type of the investments...
INFORMATIONAL
District Elections
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District Elections
Executive Summary
Through this Notice, the National Association of Securities Dealers, Inc. (NASD®) announces the election results for the District Committees and the District Nominating Committees. The newly elected
Please do not restrict my ability to buy funds I think will improve my financial status. Leveraged and inverse funds allow me to take advantage of anomalies in the market and make more money. Putting restrictions on these type of funds will hurt me while widening the wealth gap.
SEC Approves Amendments Expanding the Definition of "TRACE-Eligible Security"
We all need protection to some degree, but we need freedoms at the same time. A stronger proposal could guide the investments themselves to provide better details on the investment.
Please do not hurt, disparage, and/or insult the potential of the American people to make their own financial decisions.
Do not limit the availability of leveraged and inverse funds to retail investors with relatively small funding. The alternatives mostly seem to mostly include the use of much more complex financial instruments. Please leave this one alone. These etfs and etns allow an investor protection for other securities. Thanks
I am 65 years old, and for years I have used leveraged funds to secure my financial future. Among other things, they are a very effective hedge against drawdowns in the market. I am not wealthy, and losing the ability to use leveraged funds would adversely affect my retirement.
FINRA,
I am a collegiate graduate in Finance and I understand the risks associated with each of my investments, and you have no right to bar me from these financial instruments. If this was the case, stupid people should be barred from the equity market entirely. This is wrong, and does not exemplify our ownership society.
I and all my investment peers are experienced investors with many years of work in the market. Government interference will hinder our ability to make use of many of the tools available to investors by financial institutions. We do not need, and do not want, the hand of government in our finances. Thank you.
Please make sure that you impose stringent requirements for qualified investors to purchase complex securities, lest the financial industry put the economy at risk by duping thousands of naive investors as it has in the past. Also, consider outlawing especially dubious investments with no social utility, like cryptocurrency.
