FINRA Requests Comment on a Proposal to Amend Rule 3110 (Supervision) to Provide Firms the Option to Conduct Remote Inspections of Offices and Locations That Meet Specified Criteria
I do not believe regulators should be able to choose which investments may be proper for me to invest in. Leveraged investments allow me to achieve the level of returns that I want with only having to risk 1/2 to 1/3 of the amount of money that I normally would. Inverse funds help me hedge against losing gains in other funds. Having a well rounded portfolio is always better than half a strategy.
Dear Regulators,
I oppose restrictions to my right to invest!
I should be able to choose the public investments that are right for myself. Public investments should be available to all investors, not just the privileged. I shouldn't have to go through any special process before I can invest in public
securities, like leveraged and inverse funds. I do understand leveraged and inverse
Rather than block investors from complex ETFs, another, perhaps preferable, approach would be to require that explanations of complex investments be written clearly, in simple English, and that the consequences of an investment, including risks, in those ETFs be clearly spelled out. That would allow investors who would like to use ETFs as part of their portfolio, and understand the consequences
The general public is already warned enough on leveraged ETFs that there is no reason for additional regulations and warnings for individual retail investors. They should be able to risk their hard earned money in ways they see fit for themselves. Individuals should have a right to use financial products they see fit to use in order to achieve their short term financial goals. Adding additional
Dear FINRA, I come from the industry, although now retired, and am an active trader using leveraged products. I agree with you that anyone using these products should be able to demonstrate sophistication and an understanding of the underlying optionality and risks. (In cases of trading discretion, the person with trading discretion over the client's, or family member's,
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.
I've been saving up all my life to be in a position to invest in whatever I want - now these proposed regulations deem to treat me as someone not worthy to make my own decisions?
I shouldn't have to go
I oppose FINRA restricting my right to invest in publicly traded ETFs..I should be able to choose the public
investments that are right for me and my family. I shouldn't have to go through any special process
like passing a test before you can invest in public securities,
like leveraged and inverse funds. I am very capable of understanding leveraged and inverse funds
and
This is ridiculous these financial regulations are even being considered. I should be able to choose my own investments. Not enough people are taking advantage of these investment options already, not enough people are prepared for retirement, and you just want to make it harder. Its like you want the wealth gap to grow even more.
These literacy tests remind me of those required to vote and we
To whom it may concern,
I do not believe in setting "restrictions" for extra risky assets (like triple-leveraged ETFs) in lieu of simple education on those assets. We're all adults, we should be allowed to use our money the way we want to PROVIDED we are fully aware of the circumstances. If the investor is unaware of the differences between a x3 ETF and a normal index