I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on you.
I should be able to choose the public investments that are right for me. This is the United States and we pride ourselves on our freedoms. Investments should be available to everyone not just the privileged.
Thank you but, I do not need your help.
I do not care for my right to invest as I see fit regulated.
Work instead on ensuring that personal finance is taught as mandatory courses in high schools across the country. That is the root cause of much broader issues.
Inverse funds have kept my investments stable during the current downturn.
Kindly step away!
It is your duty to know your risk when you make an investment. The investor needs to be provided with the benefit of doubt that sufficient due diligence is completed, before the investment is made. Opportunity and risk must go hand in hand. The risk in opening a business is significantly greater than these investments and anyone can open a business with minimal restrictions. A person opening
To FINRA:
I'm a former member of FINRA, previous holder of multiple securities licenses (for over 20 years) and former registered rep and principle. I'm writing to comment and provide feedback on the proposed limitations in this regulatory notice.
I strongly oppose limitations on my (and other retail investors) ability to utilize both leveraged and inverse ETFs to achieve my
I oppose putting limitations on my abillity to buy from this public investment after having done my due diligence. I have educated myself and understand the risks with any investment. Let me choose.
I opposed restrictions on my right to invest like the wealthy and banks to advance my returns. Whats next our voting rights? I have produce significant extra returns and advance my chances to retire comfortably and early by reading the prospectus about swaps and leveraging and by correctly position sizing. Your proposed regulation is discrinatory. This is part of the reason behind income
The fund I use is an important tool for me. From my point of view you are trying to fix something that is not broken. In a free country, one should be able to choose their own investments and be responsible for the risk themselves. My input is that there be no restrictions on these securities.
I was an advisor with a series 65. Some of my clients were knowledgeable some not. There is no doubt that FINRA has some good regulatory laws but guys this is a huge over reach. It is not your job to protect me against myself. This is play money not retirement money. Even if ten or twenty percent of my retirement money was in derivatives that is none of your business. Let the broker and or the
Exemptive relief is granted based on representations that: the contribution pre-dated the contributor’s designation as an MFP; the MFP attempted to obtain a refund of the contribution; the Firm identified the contribution through its supervisory processes during its screening process when Name was being considered for a role that would cause her to be designated as an MFP; and the MFP will be prohibited from soliciting or otherwise being involved in municipal securities business with the City for at least two years from the date of the Contribution.
