Dear Sirs, I'm sure you think you're doing a great thing invoking the protection of Morons Act but that's Wall Street, hate to tell you and every Americans has a right to trade well or trade badly. That's his or her choice as a citizen.Ive lost and gained thousands as a small player myself to 3x's ETFs mainly because you and the Fed weren't being honest about the
TO: All NASD Members and Level 2 and Level 3 Subscribers
On Tuesday, May 20, 1986, 28 issues are scheduled to join the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,363. These 28 issues, which will begin trading under real-time trade reporting, are entering NASDAQ/NMS pursuant to the Securities and Exchange Commission's criteria for voluntary
The United States was founded on freedom and that is what continues to make us the best country in the world - the country that everyone else in the world wants to be a part of! With freedom comes responsibility. Responsibility for its citizens to make their own choices about what they do for a living, what they eat, how they invest. Do we make bad choices? yes, sometimes! But we also make
Dear FINRA,
The recent democratization of investing, manifest in the rise of the retail investor, ability to trade fractions of shares, and the ability for retail investors to invest in a variety of financial instruments, has offered middle and low income people the greatest opportunity to save, invest, and build wealth. We cannot take steps back when it comes to giving people the liberty to
Ive been trading leveraged ETFs for over 18 months. To me it seems that you would do more harm to stop a self-directed traders ability to continue while they already have investment in the product. I could go on and on. But I will just say stopping someone especially in a bear market does not give them a chance to use leverage funds to make profit over the long term. That isnt right. You would
Information Notice - 8/26/08: June 2008 Supplement to the Options Disclosure Document
Guidance on Implementing Effective Heightened Supervisory Procedures for Associated Persons With a History of Past Misconduct
Proposed Rule Change to Adopt Rule 7650A Relating to Debit Process for the Collection of FINRA/Nasdaq Trade Reporting Facility Fees
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
