Hi, I believe this is a gross over reach of regulation. Its border line insulting to believe that average people are incapable of assessing risk/reward for themselves. This would only hinder the average persons ability to participate in the financial markets. This is a rule that would benefit the already wealthy class and hinder the middle class ability to advance.
During the 2007-2009 financial crisis your organization put limits on selling short to protect big banks. I am certain the purpose of this regulation is to limit selling losers once again.
Stop protecting "us" and start regulating "them". Companies have bean playing in your casino for too long.
No to this regualation
The financial markets are undemocratic enough. Please do not restrict investors in favor of professional institutional investors. These instruments are used for risk management, hedging enhancing returns of smaller investors and leveling the playing field given wash sale rules, margin requirements and those who do not want to invest in options.
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The Securities and Exchange Commission (SEC) is soliciting comment on temporary rule amendments to SEC Rule 17a-5
I feel perfectly well qua lied to make this kind of financial decision on my own without the meddling disinterest of a bureaucracy trying to find ways of enhancing their chances to remain viable. Get your hands off and take care of what you have to do NOW. You are not doing a good job as is.
Limiting access to public investments will limit our ability to navigate complicated financial markets exacerbated by Federal Reserve policy. When all investments are going the same direction for extended periods of time an inverse fund is the safest way to hedge. These tools need to be available to everyone and not just an elite educated class.
Please dont regulate my ability to purchase leveraged funds. I currently own pros are funds and am aware of risks associated with leveraged funds. I watch them closely and have been successful in building my financial portfolio. Public investments should be a available to all without regulation. Not just the privileged
Good day! As an investor, I have the right to invest in whatever financial vehicles I choose without interference. Seriously a test???? I am putting my money where I want and should be able to do so sans any government regulatory requirements! My money, my choice, sans any interference!
Kathy
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FINRA Provides Guidance on Pandemic Preparedness