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Disclosure of Mutual Fund Expense Ratios in Performance Advertising
Comment Period Expires: January 23, 2004
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Investing should not be controlled by hedge funds, fund managers, and the ultra wealthy. It should be free and accessible to all. Taking away citizens small rights little by little never ends well for the government. Don't limit investing ability to net worth. Information, tools, classes, and all sorts of material are more than readily available for individuals to consume and make their own
Comments: Life, liberty, and the pursuit of... Independence and freedom. Restrictions and censorship is NOT a means of protection. Direxion offers a plethora of information and the intial education of Inverse ETFS. The established Indices: DIA, QQQ, SPY, IWM, etc., are available for investors/traders without restrictions I humbly request consideration to please allow ALL ETFS access to a level/
I feel that I have the right as a human being to invest anyway I like and in my family's best interest without the consent of a regulator I also feel that I have the right not to go to the school to take tests or any of that other nonsense I can understand the information just fine the way it's written now to be able to handle myself in any investment situation thank you very much
Thank you for the opportunity to appear today to discuss the important work that the Financial Industry Regulatory Authority, or FINRA, is doing to fulfill our mission under the federal securities laws to protect investors and safeguard market integrity while facilitating vibrant capital markets.
Summary
FINRA is adding two new Rule 4530 Problem Codes related to SEC Regulation Best Interest (Reg BI) and Form CRS, and making related amendments to the existing Rule 4530 Problem Code related to suitability. Starting on July 18, 2020, firms can use new Problem Code 16–Reg BI and new Problem Code 17–Form CRS, when applicable, to report customer complaint information and required documents
I would like to see a more open and transparent market with instant short position reporting to the general public. I would also like to see instant reporting of any failure-to-delivers. I think this information should be public to any retail investor. I believe this will help limit manipulation and allow the market to be free and fair.
Respected Regulators, Leveraged and inverse ETFs help me hedge my portfolio and I would really appreciate if you don't impose any rules such as passing a test before investing in such ETFs. Investors understand the risks these risks since the information is widely available. I would really appreciate if you let investors choose what works best for them. Thank you!
I use these investments tactically to hedge, and they have been very helpful in mitigating risk and improve returns. I really don't appreciate being treated like a child just because I'm not high net worth. People have a right to make their own decisions. Your only job is to inform people objectively and without hyperbole. Once people have agreed to the risks, it is their responsibility
Summary
FINRA warns member firms of an ongoing phishing campaign that involves fraudulent emails (see sample in Appendix) purporting to be from “FINRA SUPPORT” with the email address “[email protected]”. The email asks the recipient to pay attention “to the report attached below that requires your immediate response” and states that “[t]he attachment contains our updated Public Policy
