I request that ALL shorting must be reported daily, and that ALL dark pool trading must be reported daily. Also all dark pool trading MUST be bought and sold within the dark pool, or all LIT trading is bought and sold in the LIT market. Not trading all the buy orders into the dark pool and sells into the LIT market. Honestly the dark pool should not even exist. Shorting needs to be redone as well
I believe that its a right to be able to trade whatever stock or etf I want. Regulating them so retail traders cant trade them and only the market makers can is not fair. Everyone should be able to trade what they want.
I use inverse bond funds as a speculative tool to profit from a rise in interest rates just like someone who would sell bond futures short. Trading bond futures is more leveraged and riskier than what I am doing so why would you limit what I am doing but not restrict bond futures trading as well. There is no logic to that. I am asking you to NOT take my right to buy and hold inverse and leveraged
REQUEST FOR COMMENT
Corporate Debt Securities
SUGGESTED ROUTING
KEY TOPICS
Suggested Routing
Corporate Finance
Legal and Compliance
Operations
Senior Management
Technology Trading and Market Making Training
Debt Securities
Operations
Rule 6200 Series
TRACE Rules
Transaction Reporting
Executive Summary
Currently, NASD
There is nothing inherently dangerous about leveraged funds so long as the trader/investor is educated. There are hazards in many areas of trading - are we to ban trading Options as well ? Then ban trading the day before earnings announcements too ? Where does it end ?
SummaryAs a self-regulatory organization, FINRA is committed to continuous improvement that draws on deep engagement with its member firms. Among other benefits, this engagement enables FINRA to better understand and address risks to investors and markets; better adapt its oversight to changing business practices and markets; better support innovation and the deployment of new technologies and
This rule would be almost impossible to adhere to for those in market making roles as the time it takes to book trades can take over 1 minute. If market makers need to pause trading responsibilities to book trades within the 1 minute time limit, this would actually cause bond markets to be less efficient.
Please DO NOT over regulate.
Leveraged and inverse funds with high volatility fit my swing trade strategies quite well, as well as my option trade schemes. So I very much want to continue trading in this manner unhindered.
Thanks.
Comments:Please keep allowing investors to trade L&I products as we really like these products and do not add additional restrictions on trading these products. These products are hallmark of free democratic society and they should be allowed to be traded freely. Thanks for your kind consideration...
