This idea of regulation is only to block the average citizen from becoming financially secure. For whatever reason our so called democratic government is striving to keep the common citizen from attaining wealth. This is a classic case of creating a Cass system. Shame on our government for trying to keep the majority poor, when there is more than enough to go around. In keep the majority poor the
I strongly disagree with regulations that limit my ability to access a variety of investment options as an individual investor. I should be able to choose investments that are right for me. Public investments should certainly be available to all of the public, not just the financially privileged. I also shouldn't have to go through any special process or test to invest in public
Comments:
I have been investing in the stock market for almost 39 years including 29 years working as a financial advisor.
I have traded leveraged and inverse ETFs
in my own account and understand the risks of same. Fidelity has provided ample warnings of the risks associated with these
Instruments. I would be supportive of FINRA efforts to protect investors for whom these ETFs would be
Why is it that the very people, namely those in government, who become very wealthy while serving those of us that pay their salaries, become the arbiters of how U. S. citizens, that have the freedoms under our laws, on how, or not, to choose investing lawfully in publicly traded financial instruments ? From the history of previous several decades of government budgeting and spending, it should
Why does the government always stand in the way of ordinary citizens trying to get ahead? Wish we could elect officials who only had our best interest at heart, that would treat us as the educated adults we are, and stay out of our way.
I use inverse ETFs, sometimes even leveraged ETFs, and Options as portfolio insurance in case the so-called financial experts in Washington screw up the economy.
Leveraged funds should be allowed to continue. Allow for free market trade. Do not make this something only specialized traders can access. I do support education (not tedious, but useful teaching) before being allowed to trade these leveraged funds. Lastly, how do you stop allowing trading of these funds without financially harming those of us who hold what should be easily traded positions? Let
I should have the ability to make investment decisions based on my educational and financial abilities. I dont need to spend additional time and money demonstrating how and why I want alternative investment vehicles in order to diversify my holdings. Furthermore, enacting this kind of rule creates further precedents for greater restrictions on how, when, and what type of investments are made
Introduction: Guidance for Arbitrators on Requests to Produce Suspicious Activity Report Information
By Judith R. Starr *
Introduction by Alma Angotti **
Introduction
On October 26, 2001, President George W. Bush signed into law the USA PATRIOT Act (Patriot Act). Title III of the Patriot Act, entitled "International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001,
One of the primary missions of the Securities and Exchange Commission (“SEC”) and the Financial Industry Regulatory Authority (“FINRA”) is the protection of investors, of which senior investors are an important and growing subset. As part of a collaborative effort, staff of the SEC’s Office of Compliance Inspections and Examinations (“OCIE”)1 and FINRA (collectively, the “staff”)
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to extend, to October 26, 2022 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,
