I assist my retired mom via dividend income investing to supplement her SS benefits, and your contemplated imposition of restrictions to invest would, in practice, forbid me from investing on her behalf because she would not be able to pass those tests on her own.
This year, I used leveraged and inverse funds for my mother's account and met her financial objective. If these tools are
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/
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
Unless otherwise defined in the Code, terms used in the Code and interpretive material, if defined in the FINRA By-Laws, shall have the meaning as defined in the FINRA By-Laws.
(a) Arbitrator and Mediator Portal
The term "Arbitrator and Mediator Portal" means the web-based system that allows invited arbitrators and mediators to access a secure section of FINRA's website to submit
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend Section 4(c) of Schedule A to the FINRA By-Laws to establish an administration and delivery fee for the new Municipal Advisor Principal Examination (“Series 54 examination”).
Outlaw all dark pools, synthetic shorts, and fail to delivers, or at the bare minimum require them all to be reported in realtime publicly. These are the bare minimum clear steps needed, or further info exposing the depth of corruption will be leaked, inevitably leading to global financial collapse.
