Summary
FINRA has multiple committees that facilitate effective engagement with its member firms and representatives of the public regarding regulatory and policy initiatives related to FINRA’s mission of promoting market integrity and investor protection. The purpose of this Notice is to encourage employees of member firms and other interested parties with diverse skills, backgrounds,
You have not presented any evidence to show that consumers should lose the right to invest. Nor, as far as i know, have you presented any evidence that consumers using leveraged and inverse funds perform less satisfactorily than financial advisors. This appears to be a move to support the financial advisor industry with the restrictions negatively affecting the rest of us. Why are you supporting
After working in the financial industry for over 20 years and now hearing that regulators are wanting to restrict investors on what they can invest in, specifically crypto investments, makes me question the integrity of our regulatory bodies. All investors should have the right to invest in whatever they believe serves their financial goals and future. Is the US becoming communistic like china?
WASHINGTON—FINRA has ordered three firms—Edward Jones, Osaic Wealth, Inc. and Cambridge Investment Research, Inc.—to pay more than $8.2 million in restitution to customers who were harmed by the firms’ failures to provide available mutual fund sales charge waivers and fee rebates on mutual fund purchases. FINRA did not impose any fines in connection with these matters in recognition of each firm’s extraordinary cooperation with FINRA’s investigations.
By limilting the investing power of the common individual you are creating a sense of dependancy and not offering a way to financial independance.
It is our hard earned money not YOURS and we should be able to invest it as WE deem necessary. BITO, is no exception. Investing in Crypto Currency funds allows freedom of diversification which is key to financial planning, to anyone who chooses to do
As an MBA, I understand the importance of investment and knowledge of investment. Regulation of retail investment is not appropriate. As a business professional with financial knowledge - these rule changes have will have little to no impact on me. Others, however will be harmed by them.
As a free market society - we should have more freedom in what we are allowed to do with our money vs less
I should be able to choose the public investments that are right for me and my family. And, not have FED REGULATORS decide what I can Buy or Sell.
The Financial Markets are supposed to be an open Market Place, but the Big Financial Boys cannot beat the levered etf's. This is the Real reason for their shut down of levered erf's. Pretty sad, but this is the FED at it's
I fell that various Cryptocurrencies are understandable by me and may play a part in my future financial plans. I am a retired dentist who spends over six hours per work day studying various financial instruments. My total dollar value of all of my stock accounts is over $1,600,000. I believe that to limit my ability to trade in Cryptocurrencies puts me at a disadvantage compared to investors all
Hello SEC Well here we go again. I thought we had this matter settled a few years age when I sent my last public comment to you but apparently not. It is my understanding that the following items are being considered in order for someone to invest in leveraged and inverse funds. 1. Pass a regulator imposed test of your specialized investor knowledge 2. Demonstrate high net worth 3. Get special
