FINRA regulators, there are so many ways that the ultra-rich can become even wealthier and so many ways to stop the middle-class from doing so. By restricting inverse and leveraged investments you are further limiting the ability of ordinary Americans from having access to the same tools that the elite have. With the abundance of education and information available on the internet it is easier
FINRA -should not limit my choose to invest in leveraged and inverse funds. With inverse funds I can still manage to potentially make gains in an IRA account as I cant short in this type of account. If you limit this I can only go down. I have a collage degree and understand the risk associated with any type of trading or investment. I have gone to school for trading and am doing what I love to
Rather than block investors from complex ETFs, another, perhaps preferable, approach would be to require that explanations of complex investments be written clearly, in simple English, and that the consequences of an investment, including risks, in those ETFs be clearly spelled out. That would allow investors who would like to use ETFs as part of their portfolio, and understand the consequences
Summary
In February 2019, FINRA published Regulatory Notice 19-06, launching a retrospective review of Rule 4370 (Business Continuity Plans and Emergency Contact Information) to assess its effectiveness and efficiency (the BCP Rule Review). The COVID-19 pandemic, beginning in early 2020, caused unprecedented regulatory and operational impacts on member firms and other market participants, as
INFORMATIONAL
Fixed Income Transaction Reporting And Dissemination
Effective Date: 180 Days After Publication Of TRACE Technical Specifications
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I do not believe regulators should be able to choose which investments may be proper for me to invest in. Leveraged investments allow me to achieve the level of returns that I want with only having to risk 1/2 to 1/3 of the amount of money that I normally would. Inverse funds help me hedge against losing gains in other funds. Having a well rounded portfolio is always better than half a strategy.
For any public offering that is required to be filed pursuant to FINRA Rule 5110(a)(2), FINRA Rule 5110(a)(3)(A) describes that the required documents and information must be filed by participating members with FINRA no later than three business days after any documents are filed with or submitted to the SEC, including confidential filings or submissions, or any state securities commission or
TO: All NASD Members
The Securities and Exchange Commission has approved amendments to Article III, Section 28 of the Association's Rules of Fair Practice and the amendments are hereby declared effective as of May 1, 1983. These amendments were previously approved by the Association's Board of Governors and by a vote of the membership.
Section 28 addresses the responsibilities of
Dear Regulators,
I oppose restrictions to my right to invest!
I should be able to choose the public investments that are right for myself. Public investments should be available to all investors, not just the privileged. I shouldn't have to go through any special process before I can invest in public
securities, like leveraged and inverse funds. I do understand leveraged and inverse
Dear FINRA, I come from the industry, although now retired, and am an active trader using leveraged products. I agree with you that anyone using these products should be able to demonstrate sophistication and an understanding of the underlying optionality and risks. (In cases of trading discretion, the person with trading discretion over the client's, or family member's,
