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Financial advisors are already required to "know your client" before making recommendations and are under constant oversite. This adds more unneeded layers that will only confuse investors and deny opportunities.
I should be allowed to invest in what I want to. I am capable of reading prospectuses and am capable of making informed investment decisions. I would vote against such a regulation that would restrict my ability to trade inverse or leveraged funds.
Please don't limit us from inverse or leveraged funds -- Including BITCOIN and Cryptos. Thank you
Unconstitutional
FINRA needs to focus on making the market more accessible to the public and promoting education. Not restricting access because they think we aren't responsible enough to invest our own money. We can basically go to war at 18, but investing in leveraged products is too dangerous? Everyone deserves to have equal access to the markets and this is why there are such huge wealth disparities
I have been investing for over 50 years. I have thoroughly investigated leveraged and inverse funds and I have used them for over 10 years. I resent being told what I can and cannot do with my funds. While I agree that they are not for everyone, they do serve a purpose and properly used, they can reduce volatility in a portfolio.
I don't think I should go through any sort of special
How is it a free market if you dont allow us to invest in what we want?
I should be able to freely choose the public investments I feel is right for me. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special processes just so I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. Regulators do not
Please do not regulate these funds too much to allow normal people to trade them