In my opinion Finra needs to stop loading restrictions those don't make sense. Let traders and me decide rules for public investments unless it's protection of my assets. No test process is needed without my approval stupid. Too much government and it's control is not acceptable while filling their own pockets using corruption.
I have routinely used leveraged and inverse ETF's for years both to enhance returns as well as to hedge my portfolio. To restrict their use to a select few is a huge unnecessary government over-reach. The use of leverage and inverse ETFs do not require any "education" or "test". You should look at retail use of options and futures before you look at ETFs.
I oppose the regulation that requires extra testing before I can invest my own money. It is my money. I understand fully when I signed up to be my own trader. I take full responsibility. I do not appreciate the extra steps you are forcing me to do before I can invest in my future. Are there risks? Of course! However, that is for me to decide.
Public investments should be available to all of the public, not just the privileged. It is very important that I shouldn't have to go through any special process like passing a test before I can invest in public securities. I am capable of understanding investments and their risks. As such, I should be allowed to invest in any securities as it is my right to free choice as a citizen of this
I am of the strong opinion that individual investors should be able to make their own decisions on the vehicle they choose to invest in. It should not be governed by ones net worth, passing of a test or any other qualifications..if so you are limiting the ability to invest in these instruments to the top few you are once again taking away the ability of the small investor to invest/risk their
I have traded these leveraged and inverse funds for many years. They should be available to all not select few. The test is just another unnecessary bureaucratic hurdle for people who can read and understand the risk. These funds are useful in short term trading as an overnight or 2-3 day vehicle that can be used with less leverage than a futures contract. Your consideration appreciated.
TO: All NASD Members and Level 2 and Level 3 Subscribers
On Tuesday, September 16, 1986, 27 issues are scheduled to join the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,569. These 27 issues, which will begin trading under real-time trade reporting, are entering NASDAQ/NMS pursuant to the Securities and Exchange Commission's criteria for voluntary
It is unacceptable to require an individual to have high net worth in order to invest. That needs to be removed from the bill. I find it appropriate to require education and a literacy test in order to access certain business funding/investment opportunities. However, additional safe guards should be added such as green trading, green business and ethical business practice exams. This is the only
Dear Regulators,
I should be able to make my own investment decisions in publicly traded assets based on my understanding of the risks involved in leveraged, Covered Call, inverse, and non K1 commodity funds without the burden of passing additional tests and the elitist nonsense of minimum asset amounts. My traditional "conservative" stock/bond mix portfolios have all dropped
I shouldn't have to go through any special process like passing a test before I can invest in public securities,
including cryptocurrency funds such as BITO.
I ma capable of understanding cryptocurrency funds such
as BITO and their risks. Let me decide on my investments and what is right for me and my family. Public investments should be available to all of the public,
