I disagree with further retail investor limitations. There are countless resources available for retail investors to utilize in order to learn about leveraged ETFs and other complex investments. Additionally, these investments pose no greater financial risk than any other individual stock investment, which, if the last 2 years have shown us anything, can be even more volatile than cryptocurrency/
Please regulate the manipulation of our free market system. Companies should not be able to bypass rules set in place following 2008 or we risk another black swan event and lack of trust in our financial system.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rule 6730 to require members to append modifiers to identify delayed Treasury spot and portfolio trades when reporting to FINRA’s Trade Reporting and Compliance Engine (“TRACE”).
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the provisions of FINRA Rule 2251 (Processing and Forwarding of Proxy and Other Issuer-Related Materials) relating to seeking reimbursement from issuers for forwarding proxy and other materials and to make minor conforming revisions
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend the pilot period related to FINRA Rule 6121.02 (Market-wide Circuit Breakers in NMS Stocks) to the close of business on March 18, 2022.
Dear Sirs and Madams: I feel that I have the right to invest in any investment that fits my financial requirements without having to 'pass a test'. These proposed regulations treat US citizens as children! I do not need 'help' from Federal Regulators to manage my money. Leveraged and inverse funds are an important and critical part of my investment strategy. When markets are
I would appreciate FINRA supporting people like me who wish to trade ETFs and leveraged ETFs especially in IRA accounts where we can control the gains and losses in our accounts. In my case I have over 50 years experience in the markets and would prefer making my own decisions without interference from outside sources. Shorts arent allowed in some accounts and the only way to protect holdings in
Highly intelligent people are in all industries. Although there is some solid math involved in understanding financial decisions, it isnt so difficult to pass a series 7 to establish that it would make ones IQ higher than any average person. Adding a requirement to regulate people seems like a money-grab and another obstacle to entry in an industry with far too many advantages for the in-crowd
I am a Ph.D. student at UT Austin, and I am doing research in quantitative finance. I believe if an investor can't freely buy any securities would be very harmful for the completeness of the financial market. Besides, the privileges that only people of high net worth could buy leveraged products can only increase the wealth gap between poor students like me and the riches. Therefore, it can
* Hurts Investors: It could potentially deny my the freedom to choose investments that could help me achieve long-term financial security. Upends Our Regulatory System: Under the long-standing disclosure-based system, investors have the right to decide which public equities, bonds and funds they want to buy. * Investment always involves risk. It is investor's responsibility to control the
