I think the current requirements for self-directed investors are sufficient and there should not be more restriction on people to invest their money. The underlying premise that retail investors do not know what they are doing is flawed. What we need is less control and not more. Retail investors do not want to be forced into taking services from industry professionals and want to develop their
It is invaluable that you continue to allow access to asset trading of crypto currency futures etfs and frankly any asset available to professional traders. By restricting trading of these assets to high net worth individuals you continue to promote a society where the wealthy have more opportunities for wealth growth than the average person. You may deem that it's better for average
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
Comments: 1. I agree that while allowing investors to trade Options, they need to understand the product well. This can be ensured by (a) looking at their qualifications and /or experience in Finance; (b) if (a) is not satisfactory, then look at their tranck record of trading options to see if they have made 75% or even up to 90% losses; if so, they need to undergo educational guidance before
Comments:I cant believe the FINRA what to interfere with the small investors making a few extra percentage points on their money. Leveraged Efts are one of the only places a small investor is on a level playing field in the marketplace.Sure theirs risk but thats what made America the land of opportunity. A Small investor can go long or short just like the futures without worrying about the
Please don't limit access to the leveraged and inverse (L&I) funds. These funds are good investment tools to compliment my investment portfolio. They follow the many market indexes and therefore are more stable and non-bankruptcy prone unlike stocks. These L&I funds are less risky than investing in individual stocks because these funds have more stocks within their fund
Release DateSystemAreaDescriptionDecember 20, 2023FINRA GatewayFINRA Contacts System (FCS)Automated the Email Reminder Process for FCS Annual ReviewFirst email reminder will be sent to Executive Representative (ER), Designated Assistant for ER and Chief Compliance Officer on the first business day of the calendar year.Second email reminder will be sent on the 10th business day of each calendar
I am opposed to the Subject rule #S7-24-15 This is clearly an infringement on the rights of the people to have the flexibility they need to make the necessary investments needed to reduce risk is a portfolio of investments. Inverse and leverage funds allow a simpler way than using options to protect investments from market changes. They allow it to be done without using margin loans to provide
There is no good reason that investors of any kind should be segregated and barred from any type of public investment vehicles, especially not on account of available funds. This rule banning certain investors from inverse and leveraged investment vehicles would limit individual investment strategies and only benefit large institutions. It is fundamentally unfair and disrespectful to the
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
