Mike Rocheleau Comment On Regulatory Notice 22-08
i am in favor of letting retail investors invest in leveraged ETFs
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i am in favor of letting retail investors invest in leveraged ETFs
I have been trading stocks for the better part of 8years, I feel like we need the utmost transparency with regards to short interest data. I do not understand how a stock like AMC keeps getting hammered down or trades sideways on good news as well as millions of investors holding and buying more on the dips. There is definitely something sketchy going on, and unless there is more transparency I will be sceptical about making investments with my hard-earned money.
Sir, While I appreciate the level of market transparency you are trying to achieve by implementing rules that speed up the price reporting process, I question the benefit that market participants will enjoy by shortening the reporting time frame from 15 minutes to 1 minute. I think this is especially the case with smaller trades done typically by retail investors. Our firm usually does government bond trades (i.e. Treasury Bills) as a service to our retail customers. We do not charge a markup or commission to execute these trades for those customers via our clearing firm.