I oppose the proposed new regulations for inverse and leveraged funds.
I support new restrictions on speed trading. why should a few specialized traders that do nothing but make trades based on the speed of execution be allowed to influence security prices and clog up execution for legitimate trading.
In light of the recent outbreak of coronavirus disease (COVID-19), FINRA continues to review its pandemic and business continuity plans to ensure continuous operation of FINRA’s facilities for the reporting of OTC transactions in equity and fixed income securities (i.e., the Alternative Display Facility (ADF), the OTC Reporting Facility (ORF), the Trade Reporting and Compliance Engine (TRACE) and
I began trading options more than 10 years ago. I studied with several teachers, able to use a practice account before trading live. I find option trading a way to limit my exposure to market risk, and still obtain the gains I want.
While my general approach is to hold ETFs, use both long, short options trades, as well as holding inverse ETFs to take advantage of market fluctuation.
I understand
I oppose any restrictions on the ability to freely trade any public commodity. I oppose any trade restriction on any commodity simply because they are leveraged, or reverse leveraged. I trade in these stocks almost daily and they make up a significant portion of my portfolio. A private investor should not have to jump through bureaucratic hoops in order to freely exercise their right to
While it may seem reasonable and prudent to limit access to leveraged ETFs to novice traders, experienced traders with 2 years of experience or more, should be able to enjoy the full and unrestricted freedom of trading such instruments. However, the following measures should be implemented: -Restrict the trading of all leveraged ETFs to accounts with balances under $10 000 USD for traders with
Ive been using leveraged funds e.g., UPRO for 14 years. Its a critical part of my trading strategy. I fully understand the risks, and in many ways, its less risky than borrowing money (i.e., margin account) to implement my trading strategy. My demonstrated success in using these funds as part of my trading strategy is testament to the fact that traders can learn through reading and experimenting
I am firmly against these proposed restrictions on trading leveraged investments by the general public by imposing more regulations. People should have the freedom to trade what they want to trade. This would benefit the large traders and give them unfair advantage over the smaller traders by restricting the market.
The reasons I am opposed at any further regulations that restrict my ability to trade in securities of my choice is that it would limit my ability to offset the volatility of many of the securities I choose to trade. I am able to determine my risk levels and leverage levels when trading and I oppose any special process you may be considering, such as tests. I do not need to be hampered by any
FINRA is publishing its quarterly OTCBB/OTC Equities High Price Dissemination List for the third quarter of 2020. This updated list of OTC equity securities eligible for trade report dissemination for trades of fewer than 100 shares is effective as of December 21, 2020. To view changes, visit the Daily List: Security Attribute Changes page, select the “Unit of Trades” filter and enter December 18
STOP THIS INSANITY! DO NOT PREVENT ME FROM TRADING EFTs! It's hard to believe that another agency is again wanting to control/restrict me, telling me how and what to trade. I am 64 years old, have been trading stocks since 1998 (24 years now). I am the only one that should be deciding on the risk of whatever stock or ETF that I (not FINRA) am going to invest in. I am abundantly capable of
