I manage my IRA in a Schwab account and without the ability to short utilize inverse ETF's to help hedge in this bearish environment. I have been trading for a number of years and am aware of the risk of leveraged ETF's and stick with single leverage products.
*In response to requests for an extension, the comment period has been extended to February 21, 2023.
Summary
FINRA has begun developing a machine-readable rulebook to assist users to more readily analyze and search FINRA’s rules. As part of this initiative, FINRA is creating an embedded taxonomy (which is a method of classifying and categorizing a hierarchy of key terms and concepts) within
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST IN ANY LEGAL SECURITY OR STOCKS.
I WANT TO BE FREELY ABLE TO INVEST AT MY WILL IN ANY PROPERTY OR STOCK I WANT
We should have the right to purchase any stock we desire.
I strongly oppose these restrictions to my ability to trade leveraged and inverse stocks.
Everyone needs to have the right buy any stock they want to buy.
I would love to trade Proshare and this is should be a freedom for every stock traders
Regulation NMS Plan to Address Extraordinary Market Volatility Plan Frequently Asked Questions
I am attorney and enjoy the access to financial products to trade/invest on my own. I like to think and analyze trends (short and long term). The leveraged products are easily understood (e.g. prospectus available) and are less volatile than futures that involve middlemen.
