FINRA has adopted amendments to Rule 6730 (Transaction Reporting) to require members to append a modifier to a corporate bond trade that is part of a portfolio trade when reporting to FINRA’s Trade Reporting and Compliance Engine (TRACE). The amendments to Rule 6730 will take effect on May 15, 2023.
The amended text of the rule is set forth in Attachment A.
Questions regarding this Notice should be directed to:
Please do not restrict trading on leveraged ETFs
Please do not restrict my right to invest.
I oppose restrictions on my right to invest in public investments, including leveraged and inverse ETFs. I also use them to hedge my positions and if you stop our use of inverse ETFs, then you are hurting me, not helping me. I should be able to choose any investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.
Should have equal opportunity to buy leveraged fund.
I do not need restrictions placed on my investment potential. It is enough that investors are advised of the risk before making that decision. This proposal is an overkill regulation that take investor rights away.
I oppose government restrictions to my right to invest in things such as inverse ETFs. They are public investments and should remain fully accessible to the public without government restrictions. I feel totally informed and safe in making this kind of investment decision and have been doing so for some time. So long as risks are spelled out for the investor they are suitable for any private citizen.