Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend Section 4 of Schedule A to the FINRA By-Laws to: (1) revise the fee for the Regulatory Element of continuing education (“CE”); (2) establish the fee for individuals who elect to maintain their qualification following the termination
I run a systematic quarterly rebalancing plan that is powered by leveraged ETFs. I know what I am doing. The proper use of these leveraged products is a key part of my financial plan.
These funds are important to me. They improve my performance over the long term. I am not engaged in reckless trading, I understand the effect of daily magnification of an indexs price movement, and I use this
Dear FINRA- I am opposed to any regulation which doesn't allow me access to the same investment vehicles as the powerful, rich and well-healed of this planet. It comes to my attention that your organization is considering regulations which may prohibit or restrict me from investing with ProShares ETFs like the UltrraPro short fund. I have been investing my own money and receiving
I NOW use leveraged ETFs after stock market has plunged ~20% or so. For example i am leveraged now since sp500 dropped from 4800 to 4100 and i believe we have bottomed. Its a great way to rebuild my wealth, especially since i lost a lot of money on UNLeveraged stocks during 2001 dot com and 2008 financial crisis. Why weren't you not protecting us from dot com stocks and citibank and bank of
- It's abhorrent that regulators are proposing to choose the public investments that are right for me (not regulators). By definition public investments should be available to everyone, not just those who are of high net worth or in privileged positions. - I am university educated and capable of understanding both leveraged and inverse funds and the risks. I shouldn't have to jump
I am writing to express my objection on restrictions on investment for the working class people. The idea that I should not have the right to invest in ways that I so chose is something I would expect from Russia not the USA. Regulations such as these only serve the rich at the expense of the middle class. Our country has seen too many politicians taking rights away from its citizens. Everyone
Hello,
I believe it is unfair to regulate what I invest in. I strongly believe that investors have the right to decide which public equities, bonds and funds they want to buy. To limit based on how much wealth an investor currently holds creates a disadvantage to those interested in creating wealth especially those who come from disadvantaged communities and populations. It is unfair to create
Good day, I am deeply opposed to restricting any of my rights on investing. I am a free thinking adult and as such have the right to invest my money in any way I see fit. I should forever have free access to any and all types of investments without special testing or vetting.
By doing it is my belief that only a elite class/group of people will have access to certain investments. This is simply
Hello, I believe I should be able to invest in publicly available funds without government interference. I know what is best for my financial situation and believe I should have the right to make decisions based on what I believe to be the best.
I am fully capable of doing the research and understanding what I am investing in. I should not have to prove myself capable. Such measures would be a
I don't think regulators should be telling me what public investments I can and cannot invest in. I have done well investing in leveraged funds. They should be readily available to everyone, not just the wealthy and connected people. It is a matter of having a level playing field for everyone and should not be restricted (tests, permissions, etc.) unless those same restrictions are placed on
