I have been trading 3x leveraged and inverse ETF's for many years because it allows me to go long or short without having to open a margin account. It's no different than trading any unleveraged stock, as long as you just divide your investment dollars by 2 or 3 depending on the leverage multiple. Please don't add any restrictions. It works great the way it is, and it allows people
I find the fact that regulators have decided to not only limit my (and most peoples) access to the funds that we wish to invest our savings in, but the fact that regulators believe that THEY can limit when and how we do trade, much like the Robinhood fiasco. I oppose this useless regulation when time and government effort could be better spent regulating the markets, brokers, and the corporations
I do not initiate any investments on margin. I use my own funds for investing in leveraged etfs. If a firm wants to provide leverage for me with their investment vehicle, I should have the right to utilize it without any interference from your organization. The last time I checked, this is still a free country, although sliding into the abyss, rapidly thanks to organizations like yourself. It is
On November 15, 2021, the FINRA equity trade reporting facilities (the Alternative Display Facility, the FINRA/Nasdaq Trade Reporting Facilities and the FINRA/NYSE Trade Reporting Facility, through which member firms report OTC transactions in NMS stocks to FINRA1) will begin supporting timestamps up to nanosecond (HH:MM:SS.sssssssss) granularity in accordance with amendments to FINRA’s equity
I am commenting in regards to particular aspects of FINRA 21-19, which I do support and believe should have been enacted long ago. Undoubtedly, the public’s faith in the United States market has been diminishing following the many preventable financial crises that have occurred in the past. The ongoing state of the market from retail investors points of view, frankly appears broken and has failed
As it stands, I see no reason why any of the bad actors will accurately mark or report their positions. Even with a condensed reporting timeline, there is no vehicle for FINRA to keep track of mismarked/illegal/synthetic/etc. short positions. Recommend that stocks released by companies should have tracking numbers so that short positions shall be required to have a one for one trace via tracking
-Naked short selling from citadel -Robinhood stop trading gme in January -citadel paying off and or own media channels to pump and dump stocks and crypto -[REDACTED]------stocks that will have identical ticker patterns The rich have no rules! Paying a fine for doing illegal activities is a joke to them. - [REDACTED] -Dark pools trading and reroute orders to make a profit and keep the
"Fines" = "hush money". Put the illegal shorters in jail SOON! Stop building your evidence because it's already been done for you via Overstock.com via gamestop via New Mexico vs. Banks. If the policies are preventing prosecution, put a vote to change them. Not next election, TODAY! This conflict of interest happening with your revolving door has got to stop TODAY! These
Hello,
I am not really clear why FINRA is involved with leveraged or inverse ETF's / funds.
Every investor signs an agreement with each and every broker (account) that they have in that they have the insight or knowledge of the stock market to make these decisions (as well as option trading) on their own without regulation.
In my mind this does "NOT" need to be
I don't know about this short sale rule. I live in Sweden and I always thought that the US is a country that treat's everyone equal. Since I bought stock on the US market the only thing I feel is that every time someone mentioned a rule I just take it whit a grain of salt because nothing happens whit the market. You can make thousand more rules but it doesn't matter because no one
