August 30, 2021
1. Do you have one or more online trading or investment accounts?
Yes, I have one or more accounts that I access both online using a computer and using a mobile app.
2. If your response to Question 1 is Yes, do you think you would trade or invest if you could not do so online using a computer or using a mobile app?
Yes
3. On average, how often do you access your online account?
Once to a few times per month
4. On average, how often are trades made in your online account, whether by you or someone else?
Less often than once a month.
5. If you access your account online, did you have the account first, and only began to access it electronically later? Or did you open the account with the idea that you would access it electronically immediately?
I downloaded an app or visited a website first, and then opened up an account with the company
6. My goals for trading or investing in my online account are (check all that apply):
Save and grow my money for medium- to long-term goals
Have fun
Other
If Other, Explain:
Speculate and gain experience with derivatives to gain a greater knowledge of how the various financial markets and instruments function as pieces of the global economy as a whole.
7. What would you like us to know about your experience with the features of your online trading or investment platform? (Examples of features are: social networking tools games, streaks, or contests with prizes points, badges, and leaderboards notifications celebrations for trading visual cues, like changing colors ideas presented at order placement or other curated lists or features subscription and membership tiers or chatbots.)
I want transparency across all markets. I do not want to be at a constant disadvantage compared to large institutions who can pay off appointed officials without recourse. I want our regulatory bodies to uphold the law and not look the other way because they are being paid to do so. I want real consequences for \"bad actors\" not just minimalist fines. Large institutions consistently and willingly break/ignore regulations designed to protect the health and integrity of the market and make billions while only paying thousands of dollars in fines. This corrupt system is designed to take from the many for the benefit of the few and our elected officials line their pockets while ignoring the voters who counted on them to be their advocate.
8. If you were trading or investing prior to using an online account, how have your investing and trading behaviors changed since you started using your online account? (For example, the amount of money you have invested, your interest in learning about investing and saving for retirement, the amount of time you have spent trading, your knowledge of financial products, the number of trades you have made, the amount of money you have made in trading, your knowledge of the markets, the number of different types of financial products you have traded, or your use of margin.)
The digital side of trading has had little impact on my trading behaviors. All I can do as a retail investor is sit idly by while the regulators and enforcers ignore systemic abuse of the law. The SEC was created and paid for by the American people, who are being ignored and misrepresented. We see little to no action from the SEC while the same criminals use the same instruments to repeat the global economic catastrophe that happened about a decade ago. All retail does is pay their salaries while watching the very institutions who broke the law while raking in millions pay out their bonuses without any criminal investigations or arrests.
9. How much experience do you have trading or investing in the following products (None, 12 months, 1-2 years, 2-5 years, 5+ years):
Stocks : 2-5 Years
Bonds : None
Options : 2-5 Years
Mutual Funds : None
ETFs : 2-5 Years
Futures : None
Cryptocurrencies : None
Commodities : None
ClosedEnd Funds : None
Money Market Funds : None
Variable Insurance Products : None
Business Development Companies : None
Unit Investment Trusts : None
10. What is your understanding, if any, of the circumstances under which trading or investing in your account can be suspended or restricted?
When large institutions illegally order brokers to disable the investor's ability to buy and sell securities.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
I want the SEC to begin taking the retail investor's interests as the forefront of their efforts. Retail is handcuffed and forced to watch as the \"free market\" is abused without recourse and their hard earned livelihoods dwindle away as the governing bodies get paid to look the other way.