The regulation being considered is yet another instance of lawmakers infantilizing citizens. This is wholly unacceptable and a clear violation of our right to choose public investments that are right for me and my family. Your incursion into this sphere is an affront to all. This isnt like driving, where being required to prove competence makes sense - because it impacts the public as a whole (
I wish to maintain my right to be able to choose the public
investments that are right for my family. Public investments should be available to all of the public,not just the privileged.
I am an experienced in investment and especially high risk start-up or early stage business opportunities. I have a deep understanding of the techno industries and processes, many of which are embedded in early
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
I use part of my gain to buy leveraged ETF as a hedge to my investments.
I understand the risk involved in it.
but without leveraged etf, my whole portfolio is at higher risk.
Please keep "complex" investment vehicles open to all of the public, not just to those with the most money to spend. Requiring tests and other hoops to jump through are not necessary. In this market, inverse ETFs are very important to prevent losses from holding standard equities. Inverse funds are essential to all in the difficult market conditions we find ourselves in now.
Comments:I have used various leveraged etf in conjunction with my stocks and mutual funds for years. Im an individual investor with a regular job. Anyone investing in this category is responsible to do their own research regarding the risks and benefits on the direction website. There is short but effective information readily available pertaining to the nature of these levaraged investments. As
I feel I have just as much right to freely invest as some who is rich. this should not be taken away from me or anyone else who is trying to better themselves.
Transitional Broker LLC appreciates the opportunity to comment on Regulatory Notice 22-08 published by the Financial Industry Regulatory Authority (FINRA). We support FINRAs investor protection mission and commend FINRA for reminding members of their current regulatory obligations. However, we are deeply concerned that FINRA is considering a series of radical and unprecedented regulations that
As announced by the Board of the Federal Reserve System in the Federal Register on October 28, 2021, FINRA will collect detailed data on depository institutions' daily transactions of marketable U.S. Treasury securities and of the debt and MBS issued by U.S. federal government agencies including government-sponsored enterprises (agencies) via its Trade Reporting and Compliance Engine (TRACE
BROKERS ALONG WITH THEIR CLIENTS SHOUD BE ABLE TO MAKE INVESTMENT DECISIONS FOR THEIR CLIENTS. WHO KNOWS AND UNDERSTANDS THE NEDDS BETTER THAN THEIR ADVISORS
I should be able to choose my own investments and not have to go through special testing processes for investing in public securities, including and not limited to Cryptocurrency
