Dear FINRA, I am dismayed to hear of your plans to impose restrictions on the types of public investments that I can invest in. I am an adult and you are not my parents. I am capable of making my own decisions about what I buy and understanding what I buy. Even if I weren't, it is still wrong for regulators to try and decide who is able to participate and who is not. I urge you to
I am concerned about potential regulations that would limit access to leveraged and inverse funds especially for small investors. I find these funds useful to hedge my portfolio while preserving cash. They are a useful risk management instrument when used appropriately. Rather than place burdensome restrictions on investors, FINRA might consider requiring more transparency from companies issuing
"Complex products" are a valuable resource for investors for diversification of investment strategy and risk mitigation that should be available to all investors. The notice tries to draw parallels between option trading and "complex products", but there is a significant difference in the level of leverage and potential financial exposure between these
How about you guys make sure everyone is square about ethics and close politicians loopholes first. Nancy Pelosi and her husband are better investors than Warren Buffet. Having over 60% returns where Warren has never gotten over 20%. You think that has something to do with their access to inside information?
Why are we being closed off from investing? Who gets to invest then? Should be open to
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rule 8312 (FINRA BrokerCheck Disclosure) to allow the dissemination through BrokerCheck® of information already publicly disseminated through the SEC’s Investment Adviser Public Disclosure (“IAPD”) database about registered
I have recently established a brokerage account which was made available by my company. I have applied a portion of my 401k income towards leveraged funds. I am well aware of the risks and consider myself to be an informed investor. I do not believe I should have requirements imposed such as tests. Nor do I believe I require a cooling off period as I have already invested effort and expense into
I oppose restrictions on my right to invest in leveraged or inverse funds. These funds are important compositions of my portfolio. It makes investment more rewarding for many of us. Without these funds, I will have to invest in stock options instead when I want to use leverage. The restriction on my rights makes it unfair for me in comparison with investment agencies who have more resources,
What gives the government the right to regulate a free market for what investing decisions are right for me and my family. A complete overreach of powers that will set growing distaste of government officials. Where is the regulation for insider trading at the political/congressional level? Why is that not a priority where they are privy to material, sensitive information. Where the small retail
I have invested in leveraged and inverse ETF products for several years. The ETF providers and the brokerage companies I have used have always provided full easy to understand information on these funds. I am capable of understanding leveraged and inverse funds and their risks. I do not want regulators to impose any measures to prevent me from buying and selling them or to cause me to have to
There should not be any new restrictions on the purchase of "complex" investments. In my experience the use of professional asset managers have cost my family money the two times we used them. I am perfectly capable of choosing the type of investments that work for my situation. For your information for every dollar I have lost on my inverse fund I made 9 on my other investments
