I am totally opposed to the Proposed Rule #S7-24-15 for the following reasons: 1. I am a small investor that has invested in leverage funds for greater than 20 years and am quite capable of understanding the risks of using leverage funds. In fact, I find it offensive that a regulator would question my knowledge of the market by using some gimmick like passing a special test related to my
Regarding your considered regulation, I strongly oppose having index and reverse index ETFs having anything to do with it.
While I see some merit in making sure retail investors fully understand risks before directly trading on margin or shorting a stock, the proposal to restrict index/reverse index ETF investors is completely meritless; theres no specialized knowledge required to let the ETFs
The ability to invest or trade using Inverse and Leveraged ETFs is critical to my ability to make gains. Especially when the government has the ability to completely destroy gains in the stock market through the Fed's money printing schemes, we individual investors need some way to go short on the market when it is prudent to do so. Just going to cash won't cut it either, since the
The proposed regulatory changes are embarrassing - to FINRA and the SEC, and an insult to investors. I should be able to make investments in the targeted public securities that I believe are in my (and my family's) best interests without going through a special process. Further, given all the extreme movements in individual stocks recently (Gamestop exemplifies), why limit the initiative to
Leveraged and inverse funds allow me to gain exposure to leveraged and short positions without having to take on leverage myself. I use inverse ETFs to hedge my long positions and to express a bearish view on the market. QQQ is down roughly 20% YTD, but I have been able to hedge my long stock positions and profit from this decline through the PSQ, the inverse of QQQ. I do not want to take on
FINRA Announces Implementation Date for Publication of ATS Block-Size Trade Data
Summary
FINRA has adopted important changes to its continuing education (CE) and registration rules to train registered persons more effectively while accommodating registered persons, particularly women and underrepresented minorities, whose personal circumstances take them away from the industry for a time. The changes to Rules 1210 and 1240: (1) provide eligible individuals who terminate any
Web API/User Guide Specifications and Production Test Scripts Archive
Testimony by Senior Vice President of Investor Education and President of the FINRA Investor Education Foundation Gerri Walsh Before the Committee on Banking, Housing, and Urban Affairs United States Senate
As announced by the Board of Governors of the Federal Reserve System in the Federal Register on October 28, 2021, FINRA will collect detailed data on depository institutions’ daily transactions of marketable U.S. Treasury securities and of the debt and MBS issued by U.S. federal government agencies including government-sponsored enterprises (agencies) via its Trade Reporting and Compliance Engine
