As an EDUCATED retail investor, I feel the current systems in place are a bit TOO RELAXED for retail investors/traders to access complex products. But an outright ban is also very, VERY WRONG. We may need to raise the barriers somewhat by requiring education AND a simplified form of registration (certifying they understand the risks and perhaps a small registration fee to make the point stick)
Comments: Dear FINRA, I fully understand the composition and risks associated with complex leveraged funds. They are short term in nature and utilize complex derivatives, mostly swaps which may or may not be regulated by public markets. They are an excellent way of maximizing short-term returns when identifying a correct short-term trend in a particular market sector. After voicing concern many
Dear FINRA, Hope the day finds you well. For 15 Years we have been restricted to Index Funds, Commodities, Currencies and Real Estate (Spouse is MD at Investment Banking Firm). The new restrictions Listed under Rule #S7-24-15 are worrisome as we will have even more limitations on where to invest our monies??? We are a household of MBA's, work hard and clearly understand that any purchase or
FINRA is highlighting a recent joint Cybersecurity and Infrastructure Security Agency (CISA) and Federal Bureau of Investigation (FBI) Cybersecurity Advisory published on August 30, 2023, which may be updated as new intelligence is uncovered.
I strongly oppose regulators determining which investments are the correct ones for me and my family.
Our industry needs to focus more time and effort on educating the general public and engaging with younger demographics K-12 students to help develop financial literacy programs at a younger age.
Investments should be available to everyone, not just the wealthy or privileged. If regulators are
The public does not need restraint or hurtles to overcome from regulation of processes in choice of investment or involvement in digital investments made by personal choice. I have not read this proposed rule however I shall now because it is evident that unless the government has total control of all assets the money mongers aren't happy. We need real transparency with sound guidelines
As prepared for deliveryToday’s conversation on disrupting the cycle of financial fraud is important and timely—and we are grateful to have been able to convene such a distinguished group of regulators, policymakers, academics, law enforcement agencies, advocacy groups and financial firms here today. You all play a vital role in protecting investors, advocating for victims and working to stop
I am entitled to my choice of investments, be they leveraged, inverse, or crypto. Those with opinions that I must be denied my right to freely invest in any investment that I choose must be removed from positions in the government. Such limitations of rights are typical of dictatorships, whereas this is supposed to be a free country, granting freedom of choice equally to all investors. Every
A segment of financial institutions, including broker-dealers, are actively experimenting with incorporating the metaverse and its immersive technologies.40 Metaverse technologies can include VR and AR, but these are not the only portals to the metaverse. Users can access virtual worlds through laptops, gaming consoles and phones.41Some firms indicated that they are examining how to leverage
The availability of complex products and options can potentially expand the investment opportunities for retail investors and, if properly understood, offer favorable investment outcomes (e.g., enhancing returns, limiting losses or improving diversification). However, important regulatory concerns arise when investors trade complex products without understanding their unique characteristics and
