It is our rights to buy or sell all the public traded funds. Every stock or fund traded publicly has its risks and we understand it well. We as small investors shouldn't be discriminated by this restrictions. We need the freedom to decide which stocks or funds we want to buy as they are very important tools to achieve our long-term financial goals.
All investments contain risk. Leveraged index instruments in particular do not carry any higher risks, say, than pre-revenue stocks or stocks that generate negative earnings. Even blue-chip and/or trusted companies can rarely be held forever (e.g. NFLX).
FINRA: either impose these draconian measures on all these investments or leave then all alone.
Dear Regulators:
I use a leveraged ETF on the Dow Jones as a SAFE way to invest and supplement my income in retirement. The moves are relatively small , up or down, and because the market - unlike stocks moves in both directions as opposed to stocks which move in a trend - my losses can be minimized or offset. Please do not take these index funds away.
Comments: FINRA should stop trying to prop up the stock market and keep its nose out of retail trading. They are just trying to prop up what will be a dying stock market to protect all of the institutional investors. I urge them to back off and make no further changes to freedoms in the market. Let the market be open and free with no further interference.
The ability to invest how ppl want to invest it critical. I use inverse or leveraged inverse funds to mitigate my stock exposure during volatile times without having to sell stocks and pay capital gains. Eliminating my ability will cost me money as well as restrict my freedom. I strongly encourage you to scrap these unnecessary plans.
SUGGESTED ROUTING:*
Senior ManagementLegal & ComplianceOperationsTrading*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The Securities and Exchange Commission (SEC or "the Commission") recently issued Release No. 34-29093 proposing for public comment the so-called "Penny Stock Disclosure Rules" to implement
When is the SEC going to stop this fraudulent trading that millions of us see around the world. This is a global problem with the US stock market and making wallstreet a laughing stock of the US AMC and GME are being fradulent traded in fake shares it’s beyond time to fix this problem with citadel and the others in this mess...
I support leveraged funds, long and short.
Should be able to short sticks in ira
FINRA is issuing this Information Notice to remind members of the role of the Cross-Market Regulation Working Group (CMRWG), which was established under the U.S. Subgroup of the Intermarket Surveillance Group (ISG), to focus on ways to reduce unnecessary regulatory duplication.Please see the attached ISG CMRWG Regulatory Memorandum 2024-01 (“Notice”) that was issued by the Participants of the ISG
