FINRA Reminds Firms of Their Sales Practice Obligations With Reverse Exchangeable Securities (Reverse Convertibles)
Unless the endorsement specifies otherwise, there shall be a presumption that stock registered in a firm or business name is registered in the name of a partnership and not a corporation.
Amended by SR-FINRA-2010-030 eff. Dec. 15, 2010.Selected Notice: 10-49.
Archive of OATS information
Hello, I am an experienced trader and actively utilize leverage ETF's and I am requesting to allow the public continue to utilize these investment strategies. I have gone through training for stock trading and ETF's.
If you want to educate the public add investing to the US education system for high schoolers. They should be receiving education to manage their money and
I currently hold a couple leveraged funds and at various times in the past have held inverse funds. I also trade options. I have been trading for nearly 20 years and have a lot of experience. I never get in over my head on high-risk investments. I reserve the right to trade the funds, stocks, bonds and commodities that I deem are in my own best interest.
Restricting purchasing/selling of inverted or leveraged ETFs is pretty much equal to stoping regular people from the opportunity to earn income in stock trading. Leaving this privilage to only "professionals" or traders with huge capital will hugely increase the gap between rich and poor and will make poor suffer more.
People who doesn't understand the nature of such
Please do not impose restrictions on my right to invest. All forms of investing involves risk. Investing in individual stocks is extremely risky. Knowing about these more complex products only comes with time and experienced investing. Therefore novice investors will not discover and invest in these type of investments. No need for additional regulations and creating new determinants and
Hi Sir/Madam,
As an securities investor, I'd like to have the freedom to select my combinations including stocks, regular funds, leveraged funds and others. I will take responisbility to the gain and loss by myself. Any restriction will impact my inverstment strategy which has been established for years.
Please do consider not to add any restriction.
Thanks,
Jianzhong
Leveraged and inverse funds are at great help in handling stock market up and downturns. Exposing 15-20% of my portfolio to these ETFs helps me achieve my investment goals in longer run. I have been investing for 8 plus years and these leveraged and inverse ETFs have only helped in my financial growth and would prefer investing in them in future too.
I am writing to express strong opposition to new rules that would further restrict investment of leveraged and inverse funds.
I have used these funds simply to protect my existing investments in the stock market. I know financial advisors who also do so. Already there are checks and balances in place in Ameritrade for trading these funds.
No further restrictions should be added.
