Direxion put out a request for investors in their products to comment on this proposed action. I figure it would be better to avoid going through their portal. The consensus seems to be that the proposed action, in its details, would ban most investors from purchasing inverse and leveraged funds. These comments apply to exchange traded inverse and leveraged funds, and not similar products that
I'm strongly opposed to any restrictions on leveraged/inverse funds. I feel I should be able to invest in these funds without passing a test, special approvals, or having "high net worth".
Every investor is able to decide for themselves and understand the risks of leveraged/inverse funds. Regulators should not be a part of that decision and should stay out of the
Application for Exemptive Relief from Trade Reporting Obligation for Certain Transactions on an Alternative Trading System
There is a lot covered here, it is obvious that some steps toward better transparency are at work. The simple fact of the matter is that there systemic issues with the creation of shares to borrow based on future volumes, failures to deliver, and shorting in general. While appreciated, and needed, the solutions to these do not lie in the resolution of transparency alone. Removing the capability
I feel this message will go no where, but I am writing this email to just have a voice in what is going on with AMC Stock. I invested in AMC to let Hedge Fund know you can make money if a company decides to go Bankrupt, but when a company as GME, AMC go broke because of a Pandemic which affected the whole entire Businesses World. I feel it is poor judgement to force a company to go broke by
What good is regulation if there is no enforcement? For far too long, market makers and institutions have been playing the game with their own rules whilst stealing money from the American public. How can this possibly be a free market with the lack of transparency and open manipulation that occurs in the stock market every day for the past several decades? There are a number of things that need
As a Tax professional and mathematician who has spent year working with the SEC - I am shocked. What I have witnessed, and uncovered in the past 7 months goes against our laws. The market as of 7/9 is fixed. Its a scam. You have done nothing because you are in on the scam. We have zero ability to enforce laws that give tiny fines. They get to borrow shares and ruin companies, spread lies all over
Dear FINRA- I am opposed to any regulation which doesn't allow me access to the same investment vehicles as the powerful, rich and well-healed of this planet. It comes to my attention that your organization is considering regulations which may prohibit or restrict me from investing with ProShares ETFs like the UltrraPro short fund. I have been investing my own money and receiving
Please do not do this. You may believe youre helping the average investor but youre in fact harming them. This action would take away yet another investment/trading option available to the commoner. The wealthy have a multitude of investments options available to them that lower networth people simply cannot access. Leveraged funds specifically allow the clean utilization of highly technical
I think I should have the right to select my investment in public securities. They should be available to everyone,not just the elite. Im quite capable of understanding the risks involved and use these instruments in my investment strategies. In fact Ive made a nice profit using leveraged and inverse funds and ETFs. They have also allowed me to hedge my investments and saved me money. They are
