It is my right to be able to purchase whatever financial assets I choose. My lack of money should not prevent me from participating in the same market as institutional investors. Institutional investors already face minimal regulation and are free to do whatever they would like, while retail investors are banned from day trading. Payment for order flow makes the issue even worse as only big
Please consider that some investors utilize ETFs that are inversely related to financial instruments like stocks, indexes or bonds to short a market without the unlimited losses possible if shorting those instruments directly. These types of ETFs allow small investors to limit their risk and conveniently position themselves to benefit from declining markets.
Additionally, instruments that
Comments: I am an active retail trader of leveraged ETFs, including inverse funds. I object to all proposed regulations that might require me to suspend my trading activity, including but not limited to minimum capital requirements, and regulations that may restrict execution of trading orders. Persons should be free to engage in speculation in financial markets and the disenfranchisement of any
FINRA Regulators,
I take the time to write to you today in order to protest against the proposed regulations outlined in Regulatory Notice #22-08.
It is not the government's place to tell me what investments I can and cannot make. As an investor, it is my responsibility to understand the products I am purchasing.
I see this as a clear and blatant attempt at limiting the "retail
As an experienced investor who has been making my own financial decisions for 20 years, I find it to be an overreach by FINRA to restrict the ability for me to make my own decisions, thus forcing me to utilize unnecessary investment advisor firms. There are countless resources available to the general public, as well as investment documentation available to investors to understand the risks
I should be able to choose the investments that are right for me; for myself. Regulators shouldnt dictate what I can to do with my own money. Additionally, Regulators have no right to judge my intelligence or tendency to seek professional counsel for my financial decisions. It's not a Regulators place to believe Im too stupid to understand, and to impose education upon me for following
I oppose the FINRA Regulatory Notice #22-08. This regulation is an unprecedented attack on the workings of a free market system. It has no basis in reality, meaning it is not addressing any real issue. There is no need for this type of regulation, it is not protecting anybody and it seems a covert attempt to manipulate and allow further manipulation of markets. We do not need more draconian,
I strongly oppose this measure. People must have the right to freely trade investment products at their own risk and based on their own research. If an individual decides to blindly accept a financial institution/advisor's trading recommendations then that individual could lose significant amounts of money regardless of whether or not leveraged or inverse exchange-traded products are
Summary
The purpose of this Notice is to notify member firms of the upcoming nomination and election process to fill vacancies on FINRA’s Regional Committees. The Regional Committees play an important part of informing FINRA’s regulatory programs by, among other things, alerting FINRA to industry trends that could present regulatory concerns, and consulting with FINRA on proposed policies and
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EXECUTIVE SUMMARY
The SEC has approved changes to the Uniform Application for Securities Industry Registration or Transfer (Form U-4) and the Uniform Termination Notice for Securities Industry Registration (Form U-5). The changes to Form U-4 include
