Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“Commission”) a proposed rule change to amend FINRA Rule 7620B (Trade Reporting Facility Reporting Fees) to modify the trade reporting fees applicable to participants that use the FINRA/NYSE Trade Reporting Facility (“FINRA/NYSE TRF”).
This filing has been withdrawn.
To whom it may concern,
It should be a right not a privilege to invest in cryptos, etfs, and other financial vehicles. Creating tests to disqualify certain individuals is a form of elitism, which we have enough of already in this corporate state of America. Crypto should be considered a valid form of investing, and even the little guys should get a shot at getting in early, and diversifying their
I am not opposed to additional disclosures. However onerous requirements on net worth or certifications will only keep the poorest among us distant from complex financial tool and lead to increase the disparity between rich and poor. Given the long term results of one of the most popular leveraged etf,TQQQ, this really seems like a ploy that helps the wealthy by limiting the upward mobility of
I'm a long term leveraged ETF investor. I believe in the US economy and the leveraged ETF is the best way to gain a financial freedom. I, as an individual, should have the right to choose the public investments that are right for me and my family. The leveraged ETFs provide a simple way to invest and it works for the people like me who doesn't want to learn the complicated option plays
I am writing to oppose increased restrictions on investing in leveraged and inverse funds. I believe that these publicly traded securities should be available to all participants and not just the privileged elite. Im perfectly capable of understanding the risks of investing in these funds and do so as a part of a diversified portfolio (ranging from defined benefit pension, target date funds, and
I was a financial advisor for 35 years (brokercheck.org).
The damage you have already done to the industry is the reason why so many individual investors have lost so much money during the current bear market and will lose so much more before it ends.
Your regulations have basically forced advisors to place clients into 60/40 plain vanilla portfolios that are being decimated by rising interest
I oppose restrictions to my right to invest in public investments, I shouldn't have to go through any special process before I invest in public securities such leveraged and inverse funds. I understand their risk involved. public investments should be available to all of the public, not just the privileged. I do not need these measures imposed on me, leveraged and inverse funds are
Message to regulators; As an investor, I am totally opposed to restricting my rights to invest or make public investments. Also, as an investor, no one decides more than me which public investmens are suitable for my financial goals. Public investmens must also available to the public and not only to the privileged. In addition, as an investor, I do not have to go through a special process, such
I want to let you know that I think I should be able to choose the public investments that are best for me. I am college educated and fully capable of understanding and making my own financial decisions without any special government restrictions. If we want the middle class in America to continue to advance we must not put too many restrictions in place. Those restrictions just help the rich get
Our stock market is the most popular in the world. And thats because its of the people, for the people, and by the people. I understand the need for regulation and Id say that FINRA is doing a great job thus far. But touching investment tools that make retail investors like myself a tad bit stronger is simply an undemocratic move on part of the regulators. One who is capable of trading stocks, is
