It is the responsibility of regulators to ensure funds are well managed, safe from fraud and equally accessible to all investors. It is not the responsibility of regulators to determine which funds specific investors are allowed to purchase. Regulators must not require any tests or assessments in an effort to "weed out" or discriminate against investors. Cryptocurrency funds are an
I - not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. We shouldn't have to go through any special process like passing a test before we can invest in public securities, including cryptocurrency funds such as BITO. Explain that We are capable of understanding
To All elected officials-
Investing in funds that I believe is in my best interest is very important for me. Please do not tie my hands on my money that I worked very hard for. My investments are my business. This is a free country that I fought for. Lets make sure it stays that way. This needs to be treated like any other stock. All investors know that all stocks are a risk. To make it clear
I adamantly oppose restrictions to my Right to Invest in any type of investment. I should be able to choose the public investments that are right for me. Public investments should be available to everyone not just the privileged few. I should not have to go through any special process before I can invest in public securities as I am more than capable of understanding my investments &
My opinion is options contracts are far more inherently dangerous for inexperienced investors. I believe leverage funds have gone to great length to explain their products and cost and inverse funds can help mitigate downside risks in a portfolio. Neither leverage nor inverse inhibit what the market is designed to do: price discovery. Index funds also skew the market but are fantastic investment
SEC Approves Amendments to Rule 8210
Individual investors do NOT need additional protections on complex products. Brokers offer sufficient warnings on these products. Additionally, FINRA and the SEC provide educational resources for individual investors regarding complex products. It is the responsibility of individual investors to educate themselves and manage risk appropriately. FINRA can't protect an individual investor who
It is my right to be able to choose the public investments. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process before I can invest in public securities, like leveraged and inverse funds. I was a licensed stockbroker for 30 years, and I have found that most people are capable of understanding leveraged
Regulatory ObligationsSEA Rule 15c3-3 (Customer Protection Rule) imposes requirements on firms that are designed to protect customer funds and securities. Firms are obligated to maintain custody of customers’ fully paid and excess margin securities and safeguard customer funds. Firms satisfy these requirements by keeping customer funds in a special reserve bank account and by maintaining customer
Attn: FINRA I do NOT want to be restricted as to when and how I invest my monies for my personal financial satisfaction. I've had to invest outside of a major brokerage; now choosing ProShares funds for this reason. I'm a senior citizen with many years of managing my own investments and am well aware of the risks life and ALL investments present and do NOT need to be further advised. Do
