Investors should be allowed to invest in all types of securities. Investors should not be discriminated against based on investment balance or net worth and should not have to pass a test to be eligible for certain investments. Brokers, such as Schwab, Fidelity, and Robinhood, and investment product providers, such as Proshares, all do a great job of informing investors of the risks associated
ENFORCE YOUR RULES. These rules don't mean anything if they're not enforced. And I'm not talking about giving Robinhood a 70m lawsuit, that's just the cost of doing business. The penalties need to be crippling to ensure that the rules are followed. Reduce the reporting period to daily. We live in the digital age, there is absolutely NO reason that this information isn't
To whom it may concern,
Regarding the disturbing news that you are going to start regulating and possibly preventing me from purchasing some publicly available leveraged ETF's, I wanted to relay my opposition to such a plan. I have several of these holdings in my retirement and taxable accounts and am fully aware of the risks and significant swings along with the market. Have you seen
My primary concern with this notice is the following statement: "whether the current regulatory framework, which was adopted at a time when the majority of individuals accessed financial products through financial professionals, rather than through self-directed platforms, is appropriately tailored to address current concerns raised by complex products and options." The concern is that
FINRA departments also create specific subject-matter committees as needed to consult on various issues. Approximately 55 individuals participate on these committees that serve as important advisory bodies within FINRA’s regulatory framework.
Gentlemen, I am puzzled! Wall Street already has a clear advantage over the retail investor on multiple fronts including and not limited to, research, software, the speed of execution, inside information and in politics. Let us not forget the Robinhood fiasco the past year which was just one example of how markets are manipulated and front-run against the individual investor. Knowing these facts
There should be zero limitations on investment. FINRA should roll back the draconian private company investment rules and leave the public markets alone. Inevitably these regulations will discourage investment. Options are not always a gambling vehicle, they are used as a hedge by investors and you know this. Specifying an income or net worth is asinine. Leave the markets alone. Every person
Everything should be reported daily. it is now 2021... There is no reason there is a "T+ anything" for reporting. It's all tabulated via computer and should be available immediately for review... these rules are ancient and do not reflect the level automation we are surrounded by in our everyday lives... I can make an ACH deposit from a bank across the world and have it show up in
To whom it may concern, I would like to voice my concerns regarding the following: Naked short selling High frequency trading algorithms Payment for order flow Dark pools Over the course of 2021, meme stocks have made quite a splash in financial markets and exposed what would constitute fraud for the average person, but turns into "savvy investing" for financial institutions. The
I have been managing my own investments for 35 years. I was trained at the graduate level to do this, but was never employed in the financial services industry.
Leveraged and inverse, open and closed funds, are useful instruments. In appropriate circumstances, I use these instruments. They are especially helpful for generating routine income (in retirement) and setting up hedges.
Not
