Hello, I have been buying crypto currency and crypto funds since early 2021. I am unhappy that till date SEC has not made decision on what rules should apply to crypto. Since January 2022 the whole crypto group has been in decline. The decline is due to SEC inability to make decision within appropriate time. Please don't make new restrictions that I should pass a test in order to buy
As a retail investor, who has been actively trading in the last 2 years and these regulations are very much targeted at, I do not agree with the proposed rule/guidance changes. FINRA has already placed many barriers to retail investors in the form of PDT rules, $25k capital requirements, etc. At no point in my journey as a new trader have I felt that the restrictions benefitted me or protected me
I have been using and relying on leverage and inverse ETFs to manage my and my families accounts in regular and retirement accounts for decades. The results have been either the same or better than standard mutual funds and have beaten the S&P average on a number of occasions.
A change to the current regulations would potentially negatively affect my investment strategies and family
I'm writing to ask that you don't change rules that would disallow me from making my own choices on which funds that I choose to invest. There should not be any special litmus test to determine my ability to invest in funds of my choosing. Leverage funds have benefited me greatly. My investments have grown exponentially, especially during lean covid years. Most investors who use these
Investors, not regulators, should be able to choose the public investments that are right for the inventors and family. Public investment should be available to all of the public.
Leveraged and inverse funds play an important role in my investment strategies. They serve a purpose, for example, to provide enhanced returns by taking a calculated risk bound by a limited part of my overall portfolio
I think this regulation is both unfair and unnecessary. It is unfair because it implies a change in the rules of the game. Investors who have been implementing strategies using leveraged products will be unable to fully execute their strategies. This is my case, and Im a long term investor.
On the other hand, I think the regulation is unnecessary because investors should know and understand the
Staff clarification of <em>NASD Notice to Members 96-60</em> regarding a member's suitability obligation under NASD Rule 2310 with respect to certain investment company transactions.
It's not your place to tell me what I can or cannot invest in. I've been trading equities/futures for years and also investing in cryptocurrency. You don't seem to mind all of the pump and dumps or insane shorting/manipulation in the equities markets. You put the PDT rule in place to "protect the little ones" which just hinders them (SEC, I know), now you're trying
We do not need FINRA telling us what is safe or unsafe. Directly to my point. THE FEDERAL RESERVE UNITED STATES DOLLAR, FIVE DOLLAR, TEN DOLLAR, TWENTY DOLLAR, FIFTY DOLLAR, and HUNDRED DOLLAR are all COMPLEX INVESTMENT INSTRUMENTS in so much as THEIR VALUE IS NOT SET AGAINST ANY SECURE ASSET (gold/silver AS STATED IN THE CONSTITUTION) IT LOSES VALUE EVERY DAY DUE TO OVER PRINTING AND INFLATION
I am a FINRA arbitrator. I am also deaf but function entirely in the hearing world with lip reading and hearing aids. FINRA has been absolutely absolutely phenomenal with respect to accommodating my disability. The only thing I would add is that any diversity efforts need to include persons with disabilities (prior FINRA diversity surveys have not had that category). Also, it would be great if
