I cannot state how much I am opposed to excessive regulations taking away my freedom to invest as I so chose. I utilize put options on these types of leveraged funds such as UPRO and TQQQ to acquire shares tied to the S&P and Nasdaq at a very advantageous price and then sell covered calls against the shares once obtained. I can make upwards of 5% on my money each month with
(a) General
A member designated as a Restricted Firm shall be required, except as provided in paragraphs (e) and (f) of this Rule, to establish a Restricted Deposit Account and deposit in that account cash or qualified securities with an aggregate value that is not less than the member's Restricted Deposit Requirement, and shall be subject to such conditions or restrictions on the member
I have invested for over twenty years. In the beginning I did not know much, but I learned. Did I make mistakes? Sure. But I knew there were risks. As long as someone can document that they understand investing involves risk and loss, they should be able to invest in any legal arrangement. To not allow or to put up barriers to entry, would just be forcing the younger and poorer to stay un-
I am an individual investor who has been investing in the stock market for over 40 years. I routinely utilize leveraged and inverse products to achieve my investment goals and hedge my investment risks. I am fully aware of the way in which these products operate and the risks inherent in utilizing them. My investment strategies would be severely compromised were these products no longer freely
The government should not be adding more burdens/hurdles to managing ones finances. We do not need more red tape or more paternalism from the government preventing investors from having access to funds such as these. And given the risk of these funds are lower than a large number of stocks the investor might otherwise buy (or such legislation might drive more investors into options) this will
Comments: Restricting an investor's access to investment products will only put them at a disadvantage. These tools fit into a number of viable investment strategies, and can be useful to hedge a portfolio to mitigate risk. Having higher net worth doesn't not necessarily make someone a more intelligent, qualified investor. Providing information and making investors aware of
I should have the right to choose my investments as I wish. There is no reason to restrict me from investing in Cryptocurrency funds. I understand the risks involved just like I understand the risks in trading options, which I also do daily. Cryptocurrency funds are an important part of my balanced portfolio designed to achieve my financial objectives. I object to having restrictions placed on my
I strongly believe in freedom of trading/investing. There is not much knowledge to have about inverse and other complex ETFs...I dont know how regulators can think this poses risk to public. What poses the risk is limitation of choices for investors. The less choice, the less opportunity to hedge and more losses as a result. For this reason, i ask regulators not to enact this regulation.
Summary
FINRA is alerting firms to a recently identified vulnerability in Apache Log4J software, which is an open-source, Java-based logging utility widely used by enterprise applications and cloud services. The “Log4Shell” vulnerability presents risk for member firms because they may be using this software in internal applications, or the software may be embedded in third-party software
Hi,
Investors should be able to choose the public
investments that fits my investment goal. I understand the risks and responsible for the consequences.
Public investments should be available to all of the public,
not having to pass a test. Its my own money at risk and shouldnt be restricted on when I can make the trade. I have no influence on the bigger market like the CEO of