Sec. 4.1 The property, business, and affairs of FINRA Regulation shall be managed by or under the direction of the Board. The Board may exercise all such powers of FINRA Regulation and have the authority to perform all such lawful acts as are permitted by law, the Restated Certificate of Incorporation, these By-Laws, or the Delegation Plan to assist FINRA in fulfilling its self-
Please do not restrict my ability to invest into leveraged funds. I have had very good results by investing into these funds in the past and have incorporated them into my overall investment strategy. Restricting my ability to invest in these funds will hamper my ability to strengthen my retirement plan.
Now more than ever people are expected to manage their own finances and financial planning. Taking away any free market options is ludicrous. Anyone can research leveraged and inverse funds and choose whether or not to take the risk of investing in them. Do not impose restrictions on the free market.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I understand the risks associated with inverse and leveraged investment products. These proposed restrictions will not protect me from losing money, they will interfere with my ability to plan for my future. I should not have to pass a test before I am allowed to invest in public securities.
We deserved the freedom to use our own brain and mind to pickup the investments we want purchase. The tings your guys planning to do is similar to the scandal Robinhood did during the GME and AMC trade, please stop to do it if you still want to hold credibility for FINRA.
Im a hard working, tax paying, middle class American that doesnt want to be limited in my investment options. Its up to me to make that determination for myself & family. It should not be some regulators decision that is most likely detached from the perils of planning for my familys financial future.
This webinar highlights FINRA Rule 6151 and provides a demonstration of the Rule 606(a) report submission process, a discussion of the rollout plan and credentialing, and a Q&A segment. The PowerPoint deck to the webinar can be found here.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to add industry member compliance rules relating to the Consolidated Audit Trail (“CAT”) to FINRA’s Minor Rule Violation Plan (“MRVP”).
Proposed Rule Change to Amend FINRA Rules in Accordance with the Regulation NMS Plan to Address Extraordinary Market Volatility
Hi FINRA,
How are you?
I believe in democratizing investing and having the freedom to choose any one or more of several asset classes of investments that I want because I believe in individual freedom of choice of investments since that is true democracy and capitalism.
We do not need central planning by the government because this is not Russia or China. This is the United States of America.
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