Like millions of other Americans, I am quite capable of making my own investing decisions. Restricting the choices available to investors is not the right way to approach policy.
Regulators should appropriately respond when bad actors break the rules and regulations, but taking a blanket approach that impacts all investors is just intellectually lazy. You can do better.
Imposing these new hurdles to accessing inverse and leveraged funds greatly reduces my ability to build aninvestment portfolio toward a healthy retirement and a nest egg so that I can build a family, speaking as a young person. As anyone familiar with the principle of life-cycle investing will tell you, investing aggressively as a young person is key to maximizing returns. Please reconsider these
where and how much people invest their money is their business no one else..period. this is more government overreach to tax and fund pet projects and has got to stop.
Here we have people not elected officials overstepping their jobs..these appointed people making rules and regs has got to end. GET OFF THE CITIZENS BACK TO PAY FOR BOGUS CRAP.
I believe after reviewing the current rules, and revision suggestions made, that it is INCREDIBLY important that FINRA immediately implement the changes as suggested AS SOON AS POSSIBLE. It is apparent that the system of reporting is severely outdated and antiquated relative to the available technology and communication speeds of today. It has become quite clear that the nature of this antiquated
We the world are all watching you, the SEC, DOJ, and for that matter our Government. We are tired of being taken advantage of, before you limit what I as a retail investor can buy can you propose and pass limiting how much Im taxed or the company I own to say 5%? I know absolutely absurd, just like your proposed rule.
Comments: I think providers of leverage and index funds are doing a fantastic job warning about the risks. Instead of handcuffing us with this ruling, perhaps make the training and certification more rigorous? Better idea, how about you stop Congress from being able to have unfair trading practices before you start interrupting the retail investor?
The stock market is a crap shot. Volatility has increased tremendously since the DOWN TICK RULE TO SHORT was removed. Whether you buy a leveraged/ inverse fund or NETFLIX, AMAZON, or commodities, they all go up and they all go down. THATS THE GAME. Diversity isnt working now either with bonds AND stocks trading lower. Thats the game.
You should not be changing rules and who can invest just because something is complicated. The people are not requesting this change. Its my choice, to decide what I want to invest in and my personal responsibility to learn how to do it. We the people dont need to have the ability to do this investing of our own money on our own terms taken away.
Summary
This Notice responds to questions that FINRA has received from members about how they can comply with FINRA rules when communicating with customers—particularly when using websites, email and other electronic media—while ensuring fair and balanced presentations. Our goal is to facilitate simplified and more effective disclosure in communications with the public.
FINRA welcomes the
The Series 63 exam — the Uniform Securities State Law Examination — is a North American Securities Administrators Association (NASAA) exam administered by FINRA.The exam consists of 60 scored questions and 5 unscored questions. Candidates have 75 minutes to complete the exam. In order for a candidate to pass the Series 63 exam, they must correctly answer at least 43 of the 60 scored questions.For
