I am writing because I appose the pending regulations restricting who can invest in leveraged and inverse funds and I oppose limitations on your investments. The new rules and regulations are very unfair. These new regulations will deny me the freedom to choose investments that could help you achieve long-term financial security. The new regulations are arbitrary. FINRAs definition of complex
Very simply put, our founding fathers had a knowing. A conviction that there is but one truth. We must not deviate from the path set upon in regards to perpetuating our conviction of the self evident truth that "all men are created equal ".
Equality in creation that dictates fair access and complete freedom to invest in any public stock .
Far be it just that a man be
Give your standard disclosures. Bring back the short sale rule! Keep the auto close for severe drops on the indexes. Go after the cook the book companies, and the insider trading crooks but do not deny the independent traders,investors or institutional financial firms the ability to hedge or out gain the standard index. The great thing about the United States is that one can take risk to possibly
I feel this is a radical proposal that is an over reach of power by our federal government dictating what instruments I can invest in. If FINRA thinks that hardworking Americans are too stupid to invest in these instruments and only the privileged should then it shows the disparity in fairness between the have and have nots.
I use inverse funds on a limited basis on a small portion of my
I hope this letter finds you well! Thank you for taking the time to consider retail investor's side of the disturbing issue that has recently been brought to my attention.
Securities such as SQQQ and TQQQ among many other leveraged and inverse funds should not be restricted from trading or limited to only a select group of traders. The financial system is already leveraged in favor of
I am disappointed that these onerous regulations are being imposed upon me. I have not harmed anyone with my trading of these investments. I think it is insulting and patronizing that FINRA would impose these restrictions. I think it is unfair that my access to these investment products may be restricted. And for what reason? I've been using leveraged funds for years, and while I
Dear Sirs, I'm sure you think you're doing a great thing invoking the protection of Morons Act but that's Wall Street, hate to tell you and every Americans has a right to trade well or trade badly. That's his or her choice as a citizen.Ive lost and gained thousands as a small player myself to 3x's ETFs mainly because you and the Fed weren't being honest about the
BAN all OTC & HFT (dark pool and high frequency trading). Ban Citadel Connect, rehypothecation, and short selling like EVERY OTHER FIRST WORLD COUNTRY has so the United States financial system isn't looked at as a place to commit fraud. Take away licenses from people who break the laws. Citadel has over 58 infractions in the past decade and they're still allowed to do business?
"Hello and good evening. I'd like to start by thanking you for being open to comments from retail traders. I am a retail trader from germany. I am not the most financially literate person in the room, as my experience investing has been limited to this year, but in that time I have made great strides in learning how our financial system functions. I parsed Regulatory Notice 21-19 myself
Hello and good morning/afternoon/evening. I'd like to start by thanking you for being open to comments from retail traders. I am not the most financially literate person in the room, as my experience investing has been limited to this year, but in that time I have made great strides in learning how our financial system functions. I parsed Regulatory Notice 21-19 myself so that I, as a young