More information is what we need to achieve the correct price signals for the market. As a small retail investor, the proposed rules would help me to have better, more up to date info on the companies that I am taking ownership in.
Any and all enhancements to reporting that increase transparency will be welcomed by retail investors. Like it or not, as our community becomes more aware of the unfair practices being demonstrated by institutional investors, we will continue to support all improvements to ensure EVERYONE is following the rules.
For more than two centuries, the securities industry in the United States has been governed by private arrangements to regulate business conduct—membership organizations that set rules for their members, and then hold members accountable if they break the rules.The earliest such “self-regulatory organizations”—or SROs—date to the 1790s, when groups of traders in New York and Philadelphia agreed
What should be enforced is proper disclosure. All investors should have access to investment vehicles that are in the markets. Too often regulatory bodies assume the public is too stupid to make rational decisions. It seems whenever regulatory bodies make rules to "protect the little guy" its really about taking away opportunity and freedom.
You shouldn't have to go through any special process like passing a test before investing in public securities and inverse funds. I use these funds to offset my other funds when the market goes down.
My opinion is that more regulations and rules imposes more restrictions on traders and more red tape for individual trading.
The more rules the better on the Investment industry. Their only guiding principle is fleecing the flock of uninformed investors. No unproven 'vaporware' of 'investments' should be allowed without full SEC scrutiny. We do not need meme stocks, 'alternative' investments, gold, crypto and other risky investments with no underlying value to be
Dear FINRA,
My Broker, Fidelity Investments, already imposes stringent rules regarding who can invest in leveraged ETF investment products and makes me read and acknowledge the risks inherent in said investments. There is no need for further government oversight. Qualified investors should be allowed to invest in these products should they choose to do so.
I believe after reviewing the current rules, and revision suggestions made, that it is INCREDIBLY important that FINRA immediately implement the changes as suggested AS SOON AS POSSIBLE. It is apparent that the system of reporting is severely outdated and antiquated relative to the available technology and communication speeds of today. It has become quite clear that the nature of this antiquated
Comments: This isn't how you "protrct" investors. This is only going to further the point market cynics make that you're rigging the game in favor of the rich and Wall Street. Focus on education and guidance by brokers instead of just walling off a market segment. The proposed rule is nothing short of government overreach. This is not how a "free market" works.
People have the right to take risks on investments they choose to willingly participate. This is a tremendous overreach of freedom to do with one's money as they please. By this proposed rule's logic by FINRA, no one should be allowed to gamble without an approval process and testing (as well as cooling-off period) on how the gamble-based game they are about to play works and
