Hi FINRA,
I'm mildly opposed to a regulation banning "complex" financial products if it ends up covering things like 2x or 3x index funds (or even inverse funds). I can imagine folks getting themselves into trouble with these, but no more so than they already can with options and futures. I guess it's a bit worse insomuch as someone get get these funds in a
There are many reasons this would be an abomination, but I will just go into one. Since the beginning of the NYSE, people have been fighting to democratize the market and make it accessible to all. It is in everyone's best interest that the market is accessible to all. This rule change would destroy all the work to make the financial markets accessible to all, regardless of status, race,
As an investor, I am opposed to the additional regulations proposed in Regulatory Notice 22-08 restricting access to certain complex products.
There are sufficient requirements to provide information on the behavior of these investments and more than enough regulation on broker dealers to supervise the purchase and trading of these instruments.
We cannot regulate our way to more intelligent
April 18, 1994
Dear Member:
On April 13, 1994, the Securities and Exchange Commission (SEC) approved Municipal Securities Rulemaking Board (MSRB) Rule G-37 regarding political contributions and prohibitions on municipal securities business. Related amendments to Rules G-8 and G-9 on record-keeping and record retention, respectively, were also approved. The limitations and requirements
Hello,
I have some concern regarding the FINRA regulatory Notice #22-08. Imposing such regulation on public traded securities is not only harmful but unprecedented. I think most of the retail market can agree that it is an investors right to freely access the entirety of the public securities markets
without arbitrary restrictions is a basic entitlement. Especially with the current state of the
Aloha, as a small retail investor I would definitely NOT be in favor of any of any restrictions on my ability to buy and sell publicly-traded ETF's and similar common financial products, so long as the already well-known risks are plainly and honestly disclosed by issuers and brokers in any promotional materials. Trying to accurately determine who is and isn't capable of
Dear Regulators:
I have been an investor in various markets for more than 50 years with experience ranging from stocks, bonds, and mutual funds to ETFs, commodities, real estate, complex financial instruments, and, most recently, crowd funding offerings. I understand, accept, and limit the risks of my investments. I should not be limited in my investments or be required to take creative means
As an individual investor who started with very little and has put countless hours into learning the markets to be successful, Im completely outraged at the the thought of another government regulatory entity over-stepping their bounds in an attempt to protect me from risk. The money I invest comes from my employment wages, so there is careful calculation and consideration put into each position
This sounds like another misguided attempt to save people from themselves.
I am a novice investor. I have several friends who are also novice investors. We're responsible, upstanding people with day jobs who have earned our money and have made a conscious decision about the kind of risks we'd like to take with that money. We understand the risks we're taking. We
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to adopt FINRA Rule 3241 (Registered Person Being Named a Customer’s Beneficiary or Holding a Position of Trust for a Customer).
