It is my belief that a market should be open and fair and that each market participant regardless of funds or experience should be able to have access to the same tools and be able to take on whatever risk they feel comfortable with. By denying some investors access to products and not others, you are creating a two tier system which is the antithesis of a free market. You are also giving one
All investors should have the opportunity it go long or short, based on their views of companies and/or the economy. These proposals feel more like an effort to limit short selling, which of course some folks have high financial motivation to want. If you want to protect retail investors, start focusing on the large banks on wall street who manipulate retail investors all the time through other
You should do more to educate people on our modern financial system instead of taking away their ability to invest how they see fit. It's not your concern how or why I invest my money. If Nancy Pelosi and other politicians can participate in stock market trades all while making laws that affect company stock price, then I should be able to decide how I want to invest my dollar.
Do you
FINRA Requests Comment on the Effectiveness and Efficiency of its Communications With the Public Rules
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend the expiration date of the temporary amendments set forth in SR-FINRA-2020-015 and SR-FINRA-2020-027 from December 31, 2021, to March 31, 2022.
as an attorney that has believed in upholding the law, this proposed law would diminish the independence and autonomy of investors. we dont need anymore laws from the government to handhold investors from risky investments such as leveraged funds. this is encroaching on many peoples abilities to take advantage from the market. simple warnings and promotion of financial education tools is all that
I strongly oppose FINRA Regulatory to restrict my right to utilize leveraged and inverse funds to make my investment choices. I use them extensively to hedge and to extend returns; and by regulating them, you are taking my freedom of investment choices. I believe this regulation also could lead to unfair or even discriminatory treatment of investors; regulation favorable toward high net worth
I believe that I do and I should continue to have the right to invest my own money as I see fit as a means to obtain my goal of long term financial security. Furthermore, what one may deem as "complex product" may seem a simple investment or investment strategy to someone else... you have no responsibility to make a decision as to the complexity of an investment on my behalf!
I
I believe that each individual should take the time to understand and then accept the risks of the instruments they use to invest or they should not be using these instruments.
In my opinion, I support the right of individuals to use leveraged ETFs and other alternative financial instruments as a part of their investment strategy. I do not support the government limiting the individual's
Dear FINRA,
I have no doubt these proposed rule changes are not being taken in order to "protect" the average investor. Instead these rule changes seek to add further restrictions on retail investors in order to protect financial institutions from incuring losses during this period of high volatility. Passing these rule changes would be an injustice to the average American. I
