Mihai Radu Comment On Regulatory Notice 22-08
The Inverse (unlevered) products of Proshares should not fall under the incidence of this regulation at all - as they provide liquidity, transparence and price discovery.
For the Public
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
The Inverse (unlevered) products of Proshares should not fall under the incidence of this regulation at all - as they provide liquidity, transparence and price discovery.
You people need to stop meddling. I understand there is pressure toShephard, handhold and nanny every facet of American life, but you need to stop the communists at the door and regulate the government overreach. Refer to the magna carta if you need instructions,
Stop treating investors like children. Let us invest in what we want.
this is the only hedge tool that we can use if market go north,
CommenPlease don't limit retail usage of Leveraged and Inverse ETFs. They're actually easier to use than options/derivatives, and are incredibly useful tools for any active trader. You should not be limiting the average American's ability to build wealth in any way, as long as it doesn't cause harm to anyone else. Both of the brokerages I use have warnings for Leveraged and Inverse ETFs, and they also ask you questions about your trading experience when you first sign up and limit your access to things like options/derivatives and margin until you take their survey and are approved.
Ordinary investors are seldom if ever given access to the techniques and tool available to the elite of Wall Street and the professional investing community. I feel it would be unduly burdensome on us to remove inverse and leveraged modalities.
Noone,I repeat Noone has any business in others investments,unless they are massive or overseas
Kindly let me buy and sell what I want without government interference please, thank you ...
I would like to make my point why this regulation does not benefit or protect consumers the way FINRA might think:
Leveraged ETF's:
Getting a loan for a mortgage by putting % as down payment is also a leveraged product, not complex at all, are you going to regulate that too? Should people read or pass a test to buy a house? Even more, this is all my MY MONEY not the banks', let me invest it as I see fit.
Volatility funds:
Comments:I have traded L&I ETFs in the past. My broker's website asked me to first declare intentions for my account that were consistent with L&I products (short term and actively monitored.) I feel this was more than sufficient to dissuade any uninformed investor that didn't know what they were getting into. I don't want to be "protected" from these funds. I want to be able to continue to make informed investment decisions.