September 25, 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?
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 a week.
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 had a pre-existing account and downloaded an app or visited a website to access my account
6. My goals for trading or investing in my online account are (check all that apply):
Keep the amount of money I have, while keeping up with inflation
Save and grow my money for short-term goals (in the next year or two)
Save and grow my money for medium- to long-term goals
Have fun
Other
If Other, Explain:
Hold my investments long term and hope that the SEC does the right thing and actually protects the retail investors who are robbed daily by APEX and Citadel and Robinhood and TDA and Webull and ETRADE and...
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 started on Robinhood but left when they colluded with others and turned off the buy button and caused me to lose a significant portion of my investment. Now I have my investments in two other places. One of them is basic and straight forward and allows me to register my shares in my name. The other is about to lose my business because it won't route IEX and route through Citadel.
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.)
I have learned so much more about how corrupt the market is since investing online. I have learned that insider trading is fine as long as you are part of the government. I have learned that stealing is only punished if you were poor when you stole. I have learned that the rich and people who sit in high govt offices participate in insider trading right out in the open because they know the SEC will do nothing.
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 : None
Mutual Funds : None
ETFs : 1-2 Years
Futures : None
Cryptocurrencies : None
Commodities : None
ClosedEnd Funds : None
Money Market Funds : 5+ Years
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?
In January, trading was restricted by Robinhood (who I was using at the time) and the SEC did NOTHING so I assume it can be restricted anytime the 1% are in danger of having to close their short positions.
11. What else would you like us to know positive or negative - about your experience with online trading and investing?
The SEC has the rules in place to protect investors but doesn't use them. Turn off the dark pools. Stop naked shorting. Punish the crimes of the 1% the same way the rest of us are punished when we commit crime. Stop giving fines that are so small they become the cost of doing business. Stop pretending you are protecting retail investors when you are really just protecting criminals.