FINRA announced today that it has fined M1 Finance LLC $850,000 for social media posts made by influencers on the firm’s behalf that were not fair or balanced, or contained exaggerated, unwarranted, promissory, or misleading claims.
No more regulations. I should be able to make the investment choices I choose. I am capable of understanding the risks of securities and crypto funds without any interference. I am able to do my own research - and do so. Please do not burden me with more regulations. Thanks! S Hicks.
I have invested for more than 10 years, and I understand the risk associated with the leveraged and inverse funds. I would like to have the ability to buy leveraged and inverse funds. I do not want any special process imposed on me. I am using these funds as part of my investment strategies.
Today I'm giving my first speech as FINRA's Chairman and CEO—and I can't think of a better audience for the occasion, although all of us wish the economic circumstances of the occasion were quite different. The fact that you are here speaks volumes about your commitment to build the most effective control environment possible at your firms.
an investor shouldn't have to go through any special process
like passing a test before we can invest in public securities,
like leveraged and inverse funds. Or explain that we are
capable of understanding leveraged and inverse funds
and their risks. we do not
need these measures imposed on us
If I wasnt comfortable with my investment choices I wouldnt make them. I conduct all relevant research before making an investment and leveraged and inverse securities are no different. My broker provides sufficient information with respect to the risk of the investment and I dont believe any additional conditions are necessary from regulators.
I am in favor of keeping of leverage ETS, margins are adjusted for leverage; there are agreements investors signs before trading leverage ETF , the agreement explains the clearly key risks involved , potential losses and it is an instrument suitable for short term trading only. i am not why this comes up every now and then
Please do not implement restrictions in my right to invest in public investments. I should be able to choose what investments are right for me and my family,
I am capable of understanding leveraged and inverse funds and their risks.
They may help me to protect my investments as a limited part of my portfolio.
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 believe that I am capable of understanding cryptocurrency funds such as BITO and their risks.. I do not want or need
these measures imposed on me.
Patrick J Sherman
The leveraged funds are the great funds for normal (not advanced) retail investors to use the advanced financial tools without the use of option and future which can risk most of retail investors.
I am really excited to have the leveraged funds in a free form. This is essential for my long-term investment portfolio.