I WHOLEHEARTEDLY OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST! This is absurd, I should have the right to invest my money the way I see fit without the interference of any kind of regulators. Public investing should be made available to the public, not just the privileged. This is completely biased and would affect people of color and other minorities! I shouldnt have to go through a special
I oppose restrictions to my right to invest in public investments. I not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, including cryptocurrency
Financial Industry Regulatory Authority (FINRA) is currently considering regulation, which will restrict our rights to buy leveraged and inverse funds and dozens of other popular investments deemed to be complex. I wholeheartedly disapprove this type of regulation, as it could adversely affect market sentiment by only allowing a select few to take advantage of these leveraged and inverse funds
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to (i) extend the expiration date of FINRA Rule 0180 (Application of Rules to Security-Based Swaps) to February 6, 2022 and (ii) extend to April 6, 2022 the implementation of FINRA Rule 4240 (Margin Requirements for Credit Default Swaps) and
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Executive Summary
On September 28, 1995, the Securities and Exchange Commission (SEC) approved proposed changes to NASD® rules governing index, currency, and currency index warrants. The amended rules:
revise the listing criteria for stock index warrants;
specify the customer margin
ALL shorts positions must be made public to curb illegal abusive naked short selling. This proposal doesn't go far enough to prevent this practice; for the majority of financial institutions, fines are merely the cost of doing business and well-worth it. Illegal naked shorting is rampant, widespread, and well-known to the public despite FINRA's continued inaction. Do better. I say this
Every share should be tracked with unique identifier. Every share should be located and lent only once. Every order should be delivered T+2 or fails mean an exclusion and high cost penalty. Every short position should be updated with FINRA daily. The US market is manipulated by huge financial institutions with naked short selling and share price action manipulation. Please make it a free and
I am fully aware of the risks and dangers of leveraged funds. I value the freedom to chose the public investments that I deem correct. I use these funds sparingly to mitigate risk or to correct an obvious to me, imbalance. I am strongly opposed to government regulation of free participation in these investment vehicles which have a way of teaching harsh lessons to the foolish. And hedged great
To restrict small investors from trading is a crime in itself. As a disabled veteran, I would be greatly shamed to see these actions go through and see millions of people in my salary scale be unable to invest in Proshares products. Please do not do this, Let Americans trade at their own discretion. I (and my fellow investors) are more than capable of understanding how leveraged/inverse funds
Leveraged and inverse funds are crucial to everyday retail market participants for investment strategies, and provide a means to keep up with shifts in the marketplace. Their availability finally evens the playing-field between professional entities or computer algorithms, and the general investment public, and to restrict individuals from availing of them would be contrary to the public good. I