Comments: I've been using leveraged ETFs for many years and am well aware of the added risk. My experience is that the risk of the leveraged vehicle is not much different than investing in individual stocks. It is easy find examples of stocks that are far more volatile than the leveraged product. For example, a two year chart of ROKU with TECL would show that the leveraged ETF was a much
SummaryThe purpose of this Election Notice is to notify FINRA mid-size firms of a contested election for a mid-size firm seat on the National Adjudicatory Council (NAC) and the distribution of ballots. The two open large firm NAC member seats are not contested; therefore, no election will be held for the large firm seats.Voting concludes in the NAC mid-size firm seat election on December 15, 2023
As a individual stock trader, I think we do have the right to trade same stock as financial institutions and its such an arrogant idea to deprive us the right!
Comments:comment on direxion etf. I understand how to trade etf. They are based in a primary future, stock or other. They are not physical components of companies but leveraging stocks for short-term trades.
Please do not prevent me from using financial instruments that give me 2x and 3x exposure to index products. They provide a safer way to hedge my portfolio than going short specific things that are much more highly priced and my potential losses are completely known to me unlike a flat out short position. Sincerely ,Wayne Rhody
Markets go up and down. There should be easily accessible options to invest in both trends. Walling off "short" products or creating a maze of (additional) regulation does not help the average investor, it hinders them. As a matter of fact, an argument can be made that some of the more liquid, unleveraged short products should be offered in 401k platforms, giving participants maximum
I believe all short interest data should be released daily. Explain to me why everyone of my long position buys are documented daily and can be used against me to short by those that don’t have to disclose. I also don’t believe dark pools eliminate a free and equitable economic opportunity for everyone.
All positions should be reported and transparent, otherwise nefarious intent and actions are more likely to happen with those which are not required. History is a prime example of this. Expose the shorts, and enforce guild lines and regulations regarding covering positions of said shorts. end the farce. Stop manipulation of the markets, and route transactions to LIT Markets.
I think it's amazing that you guys at FINRA .really do know the actual short numbers on AMC ent ..naked shorts by the billions also fake reported intrest% darkpool trading FTDs almost 5months behind etc etc...how about you guys expose the BS And stop being complicit
I strongly believe financial institutions should be required to report their short positions daily. The problem of naked shorting (and related naked calls/puts) has turned Wall Street into one of the largest havens for fraud in the world, and it puts companies that otherwise would have a fighting chance at great risk of being ruined by bad actors.
