I completely disagree that regulators should be able to own the right to deny me the ability to use leveraged and inverse funds. I've been trading with these instruments for a decade and they have preserve my capital, and grown my net worth. Without these instruments, I'd be in trouble. These are very important particularly in the market we are in now when I can hedge my
Dear sirs and/or madams:
I am opposed to regulatory restrictions on the purchase of leveraged and/or inverse ETF's and other similar products. Leveraged and most certainly inverse ETF's afford the average investor types of protections to the value of investments not otherwise available. Regulations currently restrict 401Ks from shorting equities. The average 401K investor has no
The government has no reasonable grounds to take this action to decrease the tools available to the average investor for the purposes of 'protecting them' from being able to make their own choices. Inverse and leveraged etfs are specialized and risky tools that nonetheless can be used productively by a skilled retail trader, and more to the point, it should be an individual
FINRA Committee: As a working class, Army veteran, society isn't the kindest when it comes to financial growth. Having the ability to invest in leveraged and inverse funds such as UltraPro and UltraPro Short ETF's; gives the average person the same opportunities as folks like yourselves seeking to restrict with arbitrary "poor people" laws. Regulations always favor the wealthy
Comments: I have a strong understanding of the characteristics and risks of leveraged investments. I understand this should be monitored regularly, and that they are for short-term trading. My brokerage limits access to the types of trade that I can engage in; for example, I am not allowed to short sell calls or puts, strategies which can be extremely safe or strategies which can be extremely
Good morning. Thank you for that introduction Louise [Guarneri], and thank you for inviting me to speak this morning.
(a) No member shall open a margin account, as specified in Regulation T of the Board of Governors of the Federal Reserve System, for or on behalf of a non-institutional customer, unless, prior to or at the time of opening the account, the member has furnished to the customer, individually, in paper or electronic form, and in a separate document (or contained by itself on a separate page as part
I find the use of leveraged and inverse funds invaluable in hedging my investment portfolio and prefer using them instead of shorting equities. Investors should be offered this opportunity. I understand the increased risk associated with using leveraged instruments, and I manage the amount utilized commensurate with that risk. They also offer diversification for risk management in the various
On this episode, we delve into the results of FINRA's targeted review of certain member firms and their communications to retail investors regarding crypto products and services.
I ask FINRA to cancel pattern day trading for small investors with less than $25000 in account because I lost money because of this rule because I can't not close position in 3 trades in 5 days and it is not fair because trade accounts with more than $25000 can trade and close and open the same stock or options many times a day and this rule is from many years and market changes
