You so-called "regulators" are nothing [REDACTED] You constantly turn a blind eye to financial crimes committed at the highest level. You now want to shut down regular, retail investors from making an honest buck. All while you [REDACTED] scream from the rooftops how you're protecting the FREE MARKET. The hypocrisy just never ends. [REDACTED]
I am writing to support FINRA21-19. The markets should reflect reality, not be manipulated scam against the poor. Please support the integrity of our financial markets.
Investing began for the everyday person to own part of a company while helping to fund it's growth. All these proposed "little laws" that are created to create a bigger chasm between the rich and the not so rich, just reveal how transparently you try to keep the people" down.
Investing is a personal choice. Stop trying to keep my financial situation in dire
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend, to April 24, 2023, the implementation date of the amendments to FINRA Rule 4210 (Margin Requirements) pursuant to SR-FINRA- 2015-036, other than the amendments pursuant to SR-FINRA-2015-036 that were implemented on December 15,
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“Commission”) a proposed rule change to extend the current pilot program related to FINRA Rule 11892 (Clearly Erroneous Transactions in Exchange-Listed Securities) (“Clearly Erroneous Transaction Pilot” or “Pilot”) until July 20, 2022.
We should be able to choose the public investments that are best for us. Leveraged and inverse funds are important for our
investment strategies. A "cooling off" period destroys such strategies and causes unnecessary sales and other "knock-on" financial consequences. The existing extremely high margin requirements are sufficient for ensuring that those with
I am a retired investor. I use these leveraged funds occasionally to lower my risk profile. I use them not to "make money" but as an effort to dampen volatility. I was heavily invested in these funds in 2008 financial crisis and they saved my portfolio from real economic damage. These funds are not complicated and any investor should be able to easily understand how they work.
Ordinary investors have very little ways to protect themselves against bear or declining markets, and inverse ETFs provide that opportunity. Hedging is absolutely necessary to protect ordinary Americans' hard-earned gains. To take that away or leave it to only the richest is outrageous. I urge you to stop this overreach into Americans' financial affairs, and to continue to allow
Please do not prevent me from using financial instruments that give me 2x and 3x exposure to index products. They provide a safer way to hedge my portfolio than going short specific things that are much more highly priced and my potential losses are completely known to me unlike a flat out short position. Sincerely ,Wayne Rhody
Dear Overactive Regulators -
I'm a big boy. I can read a prospectus. Please don't place any further obstacles in my path as I attempt to navigate the toxic economic environment the government has created. If you want to restrict the actions of people who do not have a basic understanding of economics and financial markets, please start with Congress. It is a target rich