IMPORTANT MAIL VOTE
OFFICERS, PARTNERS AND PROPRIETORS
TO: All NASD Members
LAST VOTING DATE IS OCTOBER 3, 1986.
EXECUTIVE SUMMARY
NASD members are invited to vote on a proposed new Rule of Fair Practice, which would require members to maintain a record of their total "short" positions in NASDAQ securities in all customer and proprietary firm accounts and report this information,
The use of this these leveraged products has allowed my account to have excellent returns over the last many years from 2008 until now. I have only used the upside 2X leverage products and received very large returns, 1500% to 3500 % returns from 2008 through 12/31/2021. Yes there is high risk in these products unless they are used properly. So, what is proper use. If the products are only
There are a number of "complex" investment instruments available to the public which enhance ones ability to manage investment risk (which has been very beneficial today with the major indexes down 15-20% for the year). These tools are advantageous and are no more difficult to understand or risky then other investment instruments (i.e. options, industry and specialized ETF's,
To whom it may concern at the Financial Industry Regulation Authority,
I am aware that you are planning to ban the ability of some citizens of this country to be able to invest in complex investment funds such as leveraged and inverse investments. I believe that I should be who decides how I invest my money and not a government agency who does not know me or how or why I invest in these funds. As
This attack on the individual investor seems to occur anytime the stock markets drop 10% or more. It seems FINRA looks for a scape goat and acts out to attack us by trying to destroy opportunity and product selection. They don't seem to understand the true reason why the stock market so elevated and due for a greater fall. The Federal Reserve illegally violated the Federal Reserve Act,
Volatile markets can inspire feelings of fear and anxiety among investors. When the stock market gets rocky, focusing on your overall financial picture, combined with sound planning, can pay dividends. These five steps can help steady your pulse during market spikes and elevate your financial security.
The free availability of leveraged and inverse Exchange Traded Fund (ETF) shares are an absolute benefit to average, individual, small-time investors such as myself. The available prospectus of each fund clearly describes the risks and tells us the proper cautions.
Please note that hedging and leverage opportunities were available to us before these ETF's existed. However, small
Dear Sir or Madame, I appreciate you hearing my comments regarding your desire to limit inverse and leveraged funds. First of all, we have a right to participate in the market in this area, since I'm aware that every large brokerage institution (bank) has the ability to short or go long the market. Why would you restrict the ability of the average investor to accomplish the same goals, and
I'm a 26 year industry veteran with over a decade on the retail side, over a decade on the institutional side w/corp fin, syndicate, corporate buyback experience - we literally wrote the 10b-5-1 plans with out attorneys back before they became popular.
I literally left the confines of traditional Wall Street for their inability to manage risk and the handcuffs they strap on advisors in
Summary
FINRA has received reports about increasing numbers and sophistication of ransomware incidents. Ransomware typically involves bad actors gaining unauthorized access to firm systems and encrypting or otherwise accessing sensitive firm data or customer information, then holding that hijacked data for ransom. Some ransomware attacks have become significant threats that include theft of data
