As a small retail investor, I use and have been using for the past 12 years, several complex products to enhance my returns in order to save enough for my retirement. I object to any rules that would deny my access to these products as it would put my retirement goals in jeopardy. ESPECIALLY any cool down periods that may be imposed and possibly lock in temporary losses. That being said I am
it's critical you don't start limiting investors. when a government thinks it's a good idea to tell you what you can and cannot invest in, well, then government is in the wrong and the people won't want to be in the country anymore and businesses will leave and the government will be labeled as hostile to any future investments this putting the country in
Why is it that regulators want to take so much time taking away the ability for the average person to actually use a product that can let them risk and succeed toward more financial freedom and security. Products such as leveraged ETF's and Futures are complex but the individuals that invest know the risks and should have the same RIGHT to invest as any other fat cat on wall street that
This page contains technical information about filing Regulation T, SEC Rule 15c3-3, and FINRA Rule 4210-related extensions requests using the REX system.
The Office of General Counsel (OGC) of NASD Regulatory Policy and Oversight publishes the Disciplinary Update to provide registered representatives with a summary sampling of recent disciplinary actions involving misconduct by registered representatives. The sample of disciplinary actions includes settled matters and decisions in litigated cases (Hearing Panel and National Adjudicatory Council (NAC) decisions and decisions of the Securities and Exchange Commission (SEC) in NASD cases).
There is no need for any further regulation of leveraged or inverse ETF's. The risks of these products are widely known and understood by the vast majority of investor. It should be noted that they are no more risky than some of the "penny stocks" or "junk bonds" that currently trade. Despite using leverage, they are often less leveraged than many publicly traded
As an investor I want and deserve the freedom to make my own choices about assets in which I invest. The SEC should not be taking on the role of "big brother" to oversee and perhaps overrule the decisions of millions of investors. Many of the decisions that all Americans make carry risks even greater than our investments. For example, the person we choose to marry or our career choices
It is ridiculous that FINRA puts in place rules which supposedly "protect" citizens, when in fact these regulations prevent ordinary people from making money on the stock market. Meanwhile, because regular people are excluded, Wall Street fat cats get to run rampant, making huge profits and taking money out of the middle class economy. As far as I can tell, FINRA protects Wall Street
Dear SEC, Rule #S7-24-15: I personally should be able to choose the public investments which I deem appropriate for me and my family. NOT you! Just because some may be privileged doesn't mean only they should have access. I do not need to pass some special test or have money as the privileged do to have access to a public investment. Leverage and inverse funds play an important part of a
NASD has filed with the SEC revisions to the examination specifications and study outline for the Limited Principal—Financial and Operations (Series 27) examination program. The proposed revisions update the material to reflect changes to the laws, rules, and regulations covered by the examination and to reflect more accurately the duties and responsibilities of a Series 27 principal.
