Can't believe such a regulation comes from FINRA?! America is about THE Ultimate country to let investors to have total freedom investing in this amazing market, with such action is like telling the world this country is not as confident as before any more!
there's always risks in investment,bigger return higher the risk, it's just common sense, I understand the words
Regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, hence why theyre called public investments, not just the privileged. I am well aware of the risks of trading in the stock market and am more than capable of assessing the risk to reward ratio of using my own hard earned money to provide a
Comments: I acknowledge that leveraged ETF's can be extremely volatile and not suitable for every investor but for should be available for those that choose them. There are extreme risks everywhere. It's up to each investor to manage their cash and risk tolerance. It's fine to put warning labels on the package but don't restrict the sale. I can illustrate many
Board Approves Rule Proposals and FINRA’s 2023 Budget, Previews 2023 Report on FINRA’s Examination and Risk Monitoring Program
WASHINGTON—FINRA’s Board of Governors held its fifth and final meeting of the year on Dec. 14-15. During the meeting, the Board approved two rule proposals and FINRA’s 2023 proposed budget, appointed members to the Small Firm Advisory Committee (SFAC) and National
Thanks for asking investor's feedback.
I understand your concerns regarding the complex products and associated risk. However, I would suggest you leave the decision to the investor, You can play a key role by mandating product providers to disclose all the risks and details about the underlying securities.
I would not expect FINRA to block the product provider to offer any product
Dear Sirs,
I should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged. All people, not just rich/privileged should all be given the opportunity to benefit from greater gains which are available by using this type of investment. We, regular investors, are able to manage risk by only
There was a time where retail investing was uncommon, and markets have become more inclusive. That trend should continue, or at least not move backwards. Regulation should exist where there is information asymmetry and misaligned incentives, such as what CDO crisis that triggered 2008, which was mainly caused by banks not even understanding these assets and rating agencys being captured and
I shouldn't have to go through any special process like passing a test before I can invest in any public security, I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. >90% of investors lean on the advice of an investment advisor, make those who sell investments pass investment risk knowledge tests, this is
Comments:I consider retail investors should be given equal opportunity to use Leverage and Inverse funds and ETF. I fully understand the nature and risk associated with this products and that they are not intended for long time investment, as such they must be monitored frequently. Also my broker advice and warns before placing every trade of the risk associated by using this funds and ETFs. I
Having access to inverse funds, such as the ones available from ProShares, is extremely important to me as it helps me hedge risk in my equities portfolio.
I do understand that many consumers may not be familiar with the risks so I fully support limitations on levered funds including 2x, 3x, etc. However, access to inverse funds should be kept available.
Thanks for protecting me as a retail