Beginning June 26, 2008, all applicants for FINRA membership must use the revised online Form NMA and comply with NASD Rule 1013 (New Member Application and Interview) as amended.
It's my money to lose. If I make a mistake and lose everything, too bad for me, I'll just retire later. My loss is somebody else's gain. This change doesn't benefit anybody except by granting financial service providers a monopoly on access.
I believe any attempt to restrict/regulate this kind of investing is insulting and must be stopped. If Im old enough to earn the money I invest, I should remain completely free to invest it how ever I want. Keep the government out of my private financial decision making!
I am a individual investor who understands the risk of buying leveraged and inverse funds.
I do not want to be restricted from making financial decisions by restrictions being implemented on what type of investments I make.
I do understand that certain investments come with more risk.
I should be able to make my own decisions about investments. I have used leveraged ETFs for more than five years now to build my wealth. It should not be a tool simply for financial professionals or the wealthy. Do not infringe upon our rights.
Please leave these financial options open for investors that want to participate in pro shares or etf leverage shares. As a shareholder we know the risk and we know the rewards of ETF leverage Please do not put restrictions on these type of investment. Thank you
I do not need the Federal government to protect me from my own financial decisions, nor should the Federal government impose restrictions on anyone else's investment decisions. Stop assuming all Americans are stupid and in need of protection from themselves.
Why would you stop people from investing as they choose? I don't need a parent looking out for my financial well being. That's not the purpose of our government. If I make bad decisions regarding my investments, it's on me. Thanks
FINRA Amends Electronic Form NMA and Adopts New Electronic Form CMA Filing Requirements
TO: All NASD Members and Level 2 and Level 3 Subscribers
On Tuesday, June 7, 1988, the following 10 issues are scheduled to join the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,950:
Symbol*
Company
Location
CPAK