I am a very middle class investor, taxed to the max. I invest through a broker. My feeling is FINRA decisions always support the Wall Street, gang ! My feelings are stocks and regulators are extremely difficult for folks like me to I understand, thus my broker. To be Wall Street has been one a gang of thieves thrive by on us. A [REDACTED] recommendation to co trimly forget investments, even more
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities,
like leveraged and inverse funds. I am fully capable of understanding leveraged and inverse funds
I oppose restrictions on the ability to invest/trade public investment products such as leveraged ETFs because I understand the risks involved (such as volatility decay). I should be able to invest/trade in these ETFs because they comprise a small portion of my portfolio, and I use them as a learning tool to figure out about how these ETFs work. I also use them to try to capture enhanced returns
I put 30% in leveraged 3x etfs and then keep 70% in cash. this is an excellent way to not have all of my money exposed to the stock market. I am currently down 20% in those 3x etfs so i need the 3x etfs to exist so i can get back my losses, so you must not take away my opportunity to get back my losses. I use 3x etfs instead of options since options have time decay but 3x leveraged etfs don'
I strongly oppose any regulation on trading leveraged and inverse funds. I use them extensively to build wealth and create an income stream which my wife and I live on. Like any investment vehicle, these carry certain risks. However, I am ok with the risks because I harness the added power they give my trading strategies. It is much easier to profit trading them than individual stocks. I have
I think this proposed legislation is misguided and goes way too far. It would be like banning the sale of alcohol because some irresponsible people get drunk and hurt themselves. I have used both leveraged and inverse ETFs to hedge my portfolio. Recently I used such ETFs to protect my positions in fixed income securities. If I was forced to sell my bonds and preferred stocks the market makers
I was notified of attempts by the ministry of security and exchange to pass new regulations disallowing retail investors from investing in leveraged and inverse funds. Thank you for this important communication on where you expect to steer the market.
I use inverse funds for the express purpose of hedging against market manipulators attempting to lower stock values at the expense of retail
(a) Pursuant to the Rule 9600 Series, the staff for good cause shown after taking into consideration all relevant factors, may exempt, upon application and subject to specified terms and conditions, a member alternative trading system ("ATS") from the trade reporting obligation under paragraph (b) of Rules 6282, 6380A and 6380B, if such exemption is consistent with the
Comments: Active investors are fully aware of the advantages and disadvantages of the instruments they invest in - most seek advice or read up on how they function. Exchange Traded Funds (ETFs) are by no means, whether regular or inverse, complicated in how they move with the indices or stocks they hold. The calculation of leveraged funds is complex; however, investors fully understand how they
Comments: To whom it may concern . My broker keeps me very informed of the risks that ETF holds . Unless you are going to come into the common peoples lives and rule how we manage our private money, whether that is gambling , drinking , excessive buying or saving, then you need to stay out of how I do my own stocks . ETF etc are my right to pick and choose . Not your right to say who or what I