I personally have 50+ years in the securities Industry as a former member of the NYSE and several Securities Licenses with FINRA. I also believe it is the individual's choice when it comes to investments. If there is a complaint of any kind due to losses, they have a right to arbitration or mediation. Is there risk involved? Absolutely!
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 me.
I understand the risks and benefits associated with leveraged ETFs and they are a part of my overall investing strategy.
Not being able to continue to implement them in my investment policy would be a detriment to my financial success. Please do not impose harmful limits on placing/making trades of this nature.
There should be no one and or no government state or federal that should be allowed to tell those who desire to invest to put restrictions on it. There is always a note clearly stating that there is risk involved with all investments. Let the FINRA continue to safeguard the investing public against fraud and bad practices.
I wouldn't be investing if it wasn't for ETF's. They are great for day trading 10k dollars. I should be allowed to take a 3x risk in order to get a 3x reward. This regulation directly attacks the small retail investors and helps gigantic hedge funds. The stock market is for everyone. This is America!
Unless otherwise indicated, suspensions will begin with the opening of business on Monday, May 20, 1996. The information relating to matters contained in this section is current as of May 5, 1996. Information received subsequent to May 5, 1996 is not reflected in this section.
Firm Expelled, Individuals Sanctioned
Devon Resources Financial Corporation (Tulsa, Oklahoma), Catherine W. Yox (
Regulators should not choose the public investments that are right for me and my family. I should not have to go through any special process to invest in public securities. I understand the risk associated with alternative investments and should have the right to do as I choose with my own capital.
We shouldn't have to go through any special process like passing a test before we can invest in public securities,including cryptocurrency funds such as BITO.We are capable of understanding cryptocurrency funds such as BITO and their risks. We do not need these measures imposed on us.
Dear Sir/Madam, I oppose any restrictions to my right to invest in cryptocurrency funds or other popular investments deemed to be complex. As an investor, one should understand the risk with any form of investments but have the rights to select all available assets to invest in. Thank you.
As a college-educated citizen of the United States, I am capable of understanding the investments Im interested in and their risks. These measures are unnecessarily restrictive and will harm people more than they help. I - not regulators - should be able to choose the right investments for my goals and public investments should be kept public.