(a) Member Application Process
(1) Definitions
(A) "Associated Person"
Solely for purposes of paragraph (a) of this Rule, the term "associated person" means any: (1) sole proprietor, partner, officer, director or manager of a funding portal, or other natural person occupying a similar status or performing similar functions; (2) natural person directly
Comments:The wide use of leveraged ETF offer me the complexity of investment features not found anywhere else. i have the broad knowledge and financial understanding of how these investments work and have utilized them for decades to benefit both me and the clients i serve in my investment management practice. I ask that new rules not be implimented, doing so will not dissuade an investor from
I ask our public bodies responsible for creating and updating our financial regulations to oppose these changes. I am a retail investor and I use these products as a part of my portfolio. I want to have the same investment options as more wealthy and institutional investors. The brokers make clear the risks. Thank you for attempting to control risk and foster responsible regulations, but these
Please leave everything as it stands in regards to the availability of investment products. The knowledgeable and experienced money managers of brokers, and the government show no higher skill in investing, i.e. the current financial condition of the US government. Please allow citizens the freedom to manage their own money, for better or for worse. If they have the capability to earn and save it
These tyrannical restrictions will only further to widen the gap between the elite rolling class and the average citizen. It's appalling that regulators would attempt to make nearly emotionally unavailable an avenue for investment that is already difficult enough to enter into without the financial backing and insider knowledge the elite class take for granted. We need less restriction
Do not limit my ability to gain access to advanced financial instruments just because I am an individual. Just because I am not a big brokerage or rich millionaire doesn't mean I'm not smart enough to hold a leveraged fund. In all likelihood, I am more educated than you are. Back off with your patronizing policies and fix the actual problems with this country.
Leveraged and inverse funds are important to my investment strategies. The pace and fundamentals involved are something I can wrap my mind around and use to my advantage, especially during such financial times. I speak for the have-nots and wish to leave some doors open for those with the ability to manage risk properly. I deserve the right to make the decision myself.
Thank you for this
As an individual investor, I should be able to choose public investments without restriction. Leveraged and inverse investment vehicles are important to my investment strategy. For instance, in order to hedge long exposure in S&P 500 stocks, I might buy a call spread in the VXX ETN. I am capable of understanding these types of financial products and do not need to be tested by my
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend, to April 24, 2023, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) pursuant to SR-FINRA- 2015-036, other than the amendments pursuant to SR-FINRA-2015-036 that were implemented on December 15,
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend the pilot period related to FINRA Rule 6121.02 (Market-wide Circuit Breakers in NMS Stocks) to the close of business on April 18, 2022.
