It is my responsibility as an investor to understand the dangers of any investment I make, not limited to leveraged funds. In fact, Leveraged ETFs are much safer than certain other instruments such as options.
Leveraged ETFs provide a valuable addition to various portfolios for hedging and certain long term risk parity portfolios.
Do not restrict these to individuals with high networth
The term “metaverse” has attracted significant attention and curiosity in recent years from the media, entertainment and technology sectors. Though the term has no concrete definition, and interpretations may differ, the metaverse is generally viewed as the next evolution of today’s internet.
April is Financial Literacy Month, making this a great time to think about actions you can take to boost financial capability. FINRA and the FINRA Investor Education Foundation offer many resources to support you and your loved ones along your financial journey.
It has come to our attention that under the regulations being considered by FINRA I may not be able to buy leveraged and inverse funds like TQQQ, SQQQ and others. I would like yo urge you to NOT implement these regulations. These funds are important to my and my husbands investment strategies and restricting these funds will hurt both us and others we have encouraged over the years to use to
FINRA,
A little bit of background:
I am self taught in the domain of investment finance. The extent of formal financial education were a handful of economics classes and an accounting class in college. Year to Day, I am beating the S&P500 in my self-directed brokerage account because I taught myself how financial markets work with various resources publicly available.
My comment:
I as
I strongly oppose the proposed rule changes that would restrict or even block access of certain investments including leveraged and inversed funds.
The decision of choosing investment vehicles can only be made by individual investors, not a small group of regulators. To protect the interest of individual investors, the regulatory should work toward ensuring fairness by enabling equal access to
Leveraged ETFs are a valuable tool investors utilize to deploy certain strategies. While the risk is amplified, the return can be as well. Further, while some argue the risk is too great, investors have the right to take risks within their individual risk appetite
Guidance on Effective Supervision and Control Practices for Firms Engaging in Algorithmic Trading Strategies
Publication Date: February 23, 2023
Interpretations are marked in blue background beneath the rule text to which they relate.
15c3-1g Conditions for ultimate holding companies of certain brokers or dealers (Appendix G to 17 CFR 240.15c3-1).
As a condition for a broker or dealer to compute certain of its deductions to capital in accordance with § 240.15c3-1e, pursuant to its undertaking, the
Summary
Recently, FINRA took enforcement action against several firms for failing to establish or maintain a reasonably designed supervisory system for recommendations of alternative mutual funds, also sometimes referred to as “alt funds” or “liquid alts” (“Alt Funds”). FINRA is continuing to note such deficiencies in its examinations and communications reviews of such products.
This Notice
