The proposal to ban or limit leveraged ETFs is downright wrong and is un-American in every aspect. These are valid & legal securities, just like gold, or bonds, or any single stock. Do traders of these assets need special approval, or have any other restrictions to their trading?
An investor or trader can lose just as easily and quickly with any of these assets, or even real estate
It is MY RIGHT as an American Citizen to chose what I invest in on what my needs and what I can afford to invest to hopefully have something to leave my Children when I'm dead and gone! Instead you Democrats are breaking laws everyday! Putting [REDACTED] ideas in American Peoples minds! Every one that is involved in this mess needs and should step down immediately before that chance is
Dear FINRA,
My comment is in response to FINRA Regulatory Notice #22-08. I believe we as public investors should be able to decide how we invest our money. I am capable of understanding leveraged and inverse funds without having to go through and special process to use them. I have been using leveraged and inverse funds since 2009. They have immensely helped me in my retirement strategy. In
I invest in leveraged ETFs and have done so since at least 2015. I understand they are complex and, as a non-professional investor, I understand do not fully understand them. However, I do understand the single most important factor about leveraged ETFs: I am at risk of losing money (and at greater risk versus non-leveraged ETFs). That point is not complex and is not difficult to understand.
I, like many others, am fully capable of understanding market risks and specific investment risks of leveraged and inverse funds. I am capable of doing research, understanding risks, and making a decision on whether to invest. The decision should not be taken away from me or anyone else. If people are allowed to freely buy lottery tickets then so should anyone be allowed to invest in any
Dear FINRA,
My comment is in response to FINRA Regulatory Notice #22-08. As an investor, I believe we should be able to decide and choose the public investment options that are right for me and my family. I am capable of understanding how the leveraged and inverse funds work without having to go through a special process to utilize them.
I have been using leveraged funds since 2012 and they have
To Whom It May Concern:
I am opposed to any limits on what I, or other American citizens, can invest in. While I appreciate the need for education and careful analysis, it is up to me to do my due diligence and make the final decision.
Certain types of investments should not be reserved only for people with high net worth or specific financial experience.
Instead of limiting my ability to invest
For the past nine years I've successfully used leveraged ETFs to manage our family's portfolios, paying for college for our children, buying cars, and covering other household expenses.
As with all investment products, we as individual investors have the right to choose what vehicles are best for our needs, not some government entity.
Understanding leveraged ETFs is not
I am not a child or mentally deficient so I find it disturbing that FINRA regulators feel that I need a nanny to oversee my financial decisions. Wealthy investors have access to advanced financial instruments not accessible to regular investors like myself. Leveraged and inverse funds somewhat even the playing field for retail investors. When the market becomes volatile I can hedge my investments
NASD Reminds Firms of E-Mail Address Established to Report System Outages to Market Regulation Department
In the Winter 2000 Regulatory & Compliance Alert (2000 RCA), NASD provided the e-mail addresses specified below so that members could notify NASD's Market Regulation Department (the "staff") of system problems that impacted a member's ability to comply with
