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In defending your right to invest without government interference.
Last year the Financial Industry Regulatory Authority (FINRA) solicited feedback on potential regulations that, if adopted, would have restricted your right to purchase many types of popular investments.
Thousands of investors voiced their concerns and, as of today, FINRA has taken no further public steps toward this restrictive regulation. Investors remain free to access a broad array of publicly traded securities that best suit their needs.
But there is still work to be done. The debate over how best to regulate the public securities markets will likely continue, and we are committed to providing updates about relevant events and news.
JOIN US
In defending your right to invest, without government interference.
About the Contemplated Rules
Among the ideas that FINRA put forth for public comment were requirements that you:
Pass a regulator-imposed test of your specialized investment knowledge
Demonstrate a high net worth
Get special approval from your broker
Attest to reading certain materials
Go through “cooling off periods” during which you can’t invest
LIST OF INVESTMENTS THAT MAY BE AT RISK:
Target Date Funds
Non-Traditional Index Funds (Smart Beta + ESG)
Emerging Market Funds
High Yield Bond Funds
Closed-end Funds
Commodity Funds
Cryptocurrency Funds
Unconstrained Bond Funds
Floating-rate/Leveraged Loan Funds
Leveraged/Inverse Products
Interval Funds
Global Real Estate Funds
ETNs
Variable Annuities
Defined Outcome ETFs
Volatility-Linked Funds
Currency Funds
Funds using cryptocurrency futures
Non-traded REITs
Business Development Companies
Opportunistic and Tactical, Multi-Strategy Funds
Funds using derivatives for hedging or leverage
Principal Protected Notes
Structured Notes
Asset-Backed Securities
Funds Selling Short
Start-up Company (IPO) Funds
Funds Investing in Unlisted Securities
Distressed Debt Funds
Absolute Return Funds
Finds of Hedge Funds
Reverse Convertible Notes
Market-linked CDs
Range Accrual Notes
Insurance-Linked Securities