I have been investing in stocks since 2015. I've been picking and choosing my own investments without help from any financial professional. In 2020 I had an account with TD Ameritrade and an account with Acorns doing ETFs. The stocks I picked with TD Ameritrade at my own discretion outperformed my ETF account picked by acorns.
People diserve the right to manage their own money and pick
I am writing to oppose the radical limitations on my investments proposed by the Financial Industry Regulatory Authority (FINRA). Under the long-standing disclosure-based system, investors have the right to decide which public equities, bonds, and funds they want to buy. The freedom to access a broad range of investment products help me build better portfolios and limit my risks in the market.
Dear FINRA,
I feel that there is already too much regulation with respect to what FINRA considers complex investments. In fact, these products allow investors to protect and hedge their investments in market downturns. Moreover, these products allow investors to learn about markets in the least expensive way. For example, the inverted and/or leveraged ETFs cost less and are way more preferred
I oppose the proposed regulations to limit access to leveraged and inverse funds. I regularly use such investments to take advantage of key trends and, most importantly, to help manage risk in my investment portfolio. With uncertain times and high inflation ahead, having access to these investments for everyone is more important than ever. Public investments should be available to all of the
Proposed Rule Change Relating to FINRA Rule 2232 (Customer Confirmations) to Require Members to Disclose Additional Pricing Information on Retail Customer Confirmations Relating to Transactions in Fixed Income Securities
As a daily active equity trader, I should be able to choose the public investments that are right for me and my family. I believe public investments should be available to all of the public, not just the privileged.
As long as I can read the disclosures specifically from such investment vehicles, I shouldn't have to go through any special process like passing a test before I can invest
Proposed Rule Change to Update Rule Cross-References and Make Non-Substantive Technical Changes to Certain FINRA Rules
Do not limit my ability to purchase BITO or XBTF or ETCG or GBTC, etc please. I want to be able to buy any digital asset or crypto asset that are on the market. You don't need to limit my selection. Why I don't need your limitations is because: It Hurts Investors: It denies me the freedom to choose investments that could help me achieve long-term financial security. Is Arbitrary and
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