We don't need big brother controlling our financial decisions. This is not 1984! I've already graduated from school many years ago. I don't need to take anymore tests. Leveraged and inverse funds are used to control risk in my portfolios.
Taking them away only puts my investments at a greater risk. Please give me and other investors like me Freedom To Choose.
Thank you
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the Code of Arbitration Procedure for Industry Disputes (“Code”) to align the Code with the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021 (“Act”). The proposed rule change would also make a
Dear Sirs, equity markets are critical to the world economies and financial system. Restricting or eliminating the use of any instrument potentially reduces liquidity in these markets. Sophisticated investors use a variety of instruments in their portfolios. I use leveraged index ETFs as a hedge. Restricting or eliminating leveraged index ETFs will significantly impact my investment strategy.
Inverse ETF's are not exceedingly complex financial instruments. In addition, they can be used easily and cheaply to reduce risk by investors with significant equity exposure. Investors such as myself should have the right to make our own decisions about reducing risk without the need to sell our stock positions. We should not be forced to take a test to retain this right, although i have no
The only thing this rule does is protect the investor/white collar class and restrict the freedom of small investors that have an education, such as a double major in banking and financial institutions (like me), but not cooperate sponsorship nor high net worth. They're going to have all of the resources to meet those requirements, which means they're most likely to be irresponsible,
In accordance with the SEC’s amendments to Exchange Act Rule 15c6-1(a) to shorten the standard settlement cycle from two business days (T+2) to one business day (T+1), FINRA will sponsor a final User Acceptance Test (UAT) to allow clients to test the changes for T+1 Settlement for the Over-The-Counter Reporting Facility (ORF) and the Alternative Display Facility (ADF). The test will
Proposed Rule Change Relating to Wash Sale Transactions and FINRA Rule 5210 (Publication of Transactions and Quotations)
Gross Income Assessment, Personnel Assessment, and Regulatory Fee
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Executive Summary
NASD is issuing this Notice to Members to inform members that NASD's Board of Governors has approved proposed changes to NASD's Gross
FINRA Reminds Firms of their Obligation to Report Accurately the Time of Execution for Transactions in TRACE-eligible Securities
Dear Finra
I oppose restrictions to my right to invest.
We have went through the risky period including 2008-2009 Financial Crisis, March 2020 Covid panic with the help of leveraged/inverse funds which assit us to control the risk. The freedom of investment is part of democracy. If there is not much choice of investment, we wont invest in this market. Please do not restrict our right of
