This is just plain whacky. I spend a ton of money on junk food and things that get wasted...not to mention the casino. Years ago when people had to go to expensive universities to get educated this would be an issue. Today we have access to the internet...there is no reason for people to not educate themselves...Being crazy and doing crazy things is a constitutional right. For example my 93 year
While it may seem reasonable and prudent to limit access to leveraged ETFs to novice traders, experienced traders with 2 years of experience or more, should be able to enjoy the full and unrestricted freedom of trading such instruments. However, the following measures should be implemented: -Restrict the trading of all leveraged ETFs to accounts with balances under $10 000 USD for traders with
To whom it may concern -- I am a fairly knowledgeable investor who looks to maximize my returns utilizing levered funds. I know the risks that go along with my investments and accept those. I do not see where FINRA ought to be involved in creating a nanny-state mentality to protect investors. There are more than enough regulations in the financial sector to cover investors. Additional regulation
I find the idea of restricting access to financial tools extremely offensive. The market is built around the concept of public availability. Restricting access to certain stocks or tools simply because an elite few deem them unfit for the unwashed masses is egotistical and morally reprehensible. Please do not create a private walled garden around inverse and leveraged funds. Consider the scenario
Proposed Rule Change to Amend FINRA Rule 0150 to Apply FINRA Rule 2121 and its Supplementary Material .01 and .02 to Transactions in Exempted Securities That Are Government Securities
Proposed Rule Change to Extend the Implementation of FINRA Rule 4240 (Margin Requirements for Credit Default Swaps)
Proposed Rule Change to Revise the Implementation Date for the Supplemental Inventory Schedule Approved Pursuant to SR-FINRA-2014-025
Proposed Rule Change to Adopt FINRA Rule 4553 to Establish a Fee Schedule for Access to Alternative Trading System Volume Information Published on FINRA’s Website
Proposed Rule Change Relating to FINRA’s Trading Activity Fee Rate for Transactions in Covered Equity Securities
Proposed Rule Change to Amend the Security Futures Risk Disclosure Statement
