The system has been corrupted by unethical, greed motivated, vulchers. This is catastrophic. Regulations were written by lobbyists to tip the scale AGAINST the IRA HOLDING retires that have lost pension plans, only to be cheated of real earnings. A self-governing, quasi regulatory group, without robust oversight, leaves the average retirement fund at inordinate risk just as soc security is
In 2009 FINRA conducted a voluntary firm survey to determine preparedness for a pandemic in light of current events involving influenza A (H1N1). This survey continues FINRA's efforts to assist firms with business continuity planning by facilitating the exchange of information.
I hope it is not true FINRA is going to restrict trading in leveraged and inverse ETFs. I have used this vehicles for financial planning for 15 years. They just one of many invaluable tools to be used in certain situations. There are risks in EVERY investment. Leveraged funds get a bad rap, but if you study the math, it is really unjustified. Yes, they have higher fees, which can be an
This notice and action is extremely unamerican and unlawful. You are dictating how a person is able to make an income and by doing so you're in direct violation of the US Constitution as to where you cannot infringe upon a person's ability to make an income. I plan to have my legal counsel file a lawsuit against FINRA, if you take away my ability to trade proshares inverse
I am currently planning my retirement. I use inverse and leverage funds to help build for my retirement. These funds are bought and sold just like stocks and gives people the flexibility to choose how, when, how much etc. to invest based on personal decisions and risk assessment by the individual. Restricting access would be similar to limiting competition and choice. By restricting access, you
Leveraged ETF products have very clear notices to investors as it stands today. There is no confusion of the risks involved. Granted, it would be ill-advised for investors to use extensive margin while investing in leveraged ETFs, I still feel existing risks are clearly indicated and should be my choice.
Leveraged funds are an important part of my investment strategy when seeking enhanced
I oppose the restrictions on being able to buy public investments. I dont think I should have to take any type of test to see if I qualify to purchase any type of investment. I buy different types of investments including cryptos to diversify my investments. I have done quite well in the past with the stock market and plan on living off the investment returns through out my(our) retirement years
I oppose restrictions to my rights to invest. The game is already stacked against the small investors and these proposed rules will only make it more difficult for us. You are only creating a barrier to entry for individuals to protected the walled garden of the ultra-rich. Leveraged and inverse products give an opportunity to hedge and protect our investments and you are effectively taking away
This is an unconscionable infringement on my rights as a free person and an unwarranted and irresponsible interference in the marketplace. Learning to manage risk is the first lesson learned by an investor. Those techniques are just as effective for 'complex' trades as for 'non-complex' trades. This is an attempt to create a distinction where there is no significant difference
It is Arbitrary and Unworkable: FINRAs definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used public securities. It upends Our Regulatory System: Under the long-standing disclosure-based system, investors have the right to decide which public equities, bonds and funds they want to buy. The FINRA plan upends that principle, giving
