September 14, 2021
1. Do you have one or more online trading or investment accounts?
Yes, I have one or more accounts that I access online, either using a computer or a mobile app but I also access the account(s) in other ways (e.g., by calling or visiting in person).
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?
No
3. On average, how often do you access your online account?
Daily/more than once a day
4. On average, how often are trades made in your online account, whether by you or someone else?
Once to a few times per 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
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.)
Some companies like Fidelity and Sofi have great customer service. Some companies like Robinhood have zero customer service at all and are totally unable to explain rules, fees, etc to their customers.
Also, I am an adult. I do not need the SEC to babysit.. I can research and trade on the market and I'm much better informed than those who watch CNBC or are reading wsj, benzinga, market watch, etc as each and all of those news outlets are filled with misinformation in an attempt for the rich to steal from the little people like myself.
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.)
NA
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 : 5+ Years
Bonds : 5+ Years
Options : 2-5 Years
Mutual Funds : 5+ Years
ETFs : None
Futures : None
Cryptocurrencies : 2-5 Years
Commodities : None
ClosedEnd Funds : None
Money Market Funds : 5+ Years
Variable Insurance Products : None
Business Development Companies : 5+ Years
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?
Apparently the SEC allows the ultra-wealthy to turn off the 'buy' button on stocks when the price gets to high. The SEC then slaps those ultra-wealthy on the wrist with pathetic, ill-fitting fines and gives them every reason to do so in the future.
I like to think I now have a broker that won't turn off my buy button but the SEC seems to allow it.
I am also aware of the circuit breakers in place for a stock rising or falling at an extreme rate.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
The SEC needs to stop worrying about us retail investors and start enforcing the ridiculous crimes happening right in front of their face.
The SEC is allowing misinformation to fill the airwaves on tv.
The SEC allows (Yahoo finance and others) to literally edit and alter their stock information to us citizens that that do not doctor up for the rest of the world.
The SEC has turned a blind eye to criminal naked shorting since 2008 and disregarded all evidence proving so. The SEC has allowed the US markets to function so fraudulently.. AGAIN.. that the entire worlds economy is on the brink of collapse.
Yellen is a financial terrorist. How is it allowed that organizations like Citadel are able to pay her even more money annually than she makes as her salary? This is a grotesque conflict of interest that needs to end.
Please, SEC start enforcing the rules and stop lining your pockets and looking the other way.