I, not regulators, should be able to choose the public investments that are right for me and my family. Public investments should be available to all the public, not just the privileged. I am capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to my investment strategies. I cannot buy puts in all my investment accounts. Inverse funds are
For purposes of the Rule 6800 Series:(a) "Account Effective Date" means:(1) with regard to those circumstances in which an Industry Member has established a trading relationship with an institution but has not established an account with that institution:(A) when the trading relationship was established prior to commencement of Phase 2c or Phase 2d (as applicable depending on
I'm retired, and I've been investing successfully for over40 years now and in that process have used both leveraged and inverse funds in the stock markets, as well as options and futures, in addition to investing in bonds. I take great exception to the FINRA requirements described in Notice #22-08 now being considered which would limit my ability to access some of these
I manage over $90 million in client assets. A major part of our risk management strategy is to buy up to 35% in inverse funds on the rare occasions the technicals are very bad. This only happens once every few years. We use a 10% stop, so our clients have a 3.5% risk (10% of 35%) to make gains/hedge when the markets make major corrections. This is explained to our clients initially, and at
Comments: As part of a long-term, diversified portfolio, a minor portion of my holdings lie in leveraged ETFs. The largest risk associated with these leveraged funds equates to nothing more than simple mathematics. An additional risk, which has already proven true in the past for other financial tools, is the prohibition of the common investor and trader from the use of these instruments.
I am
I strongly oppose restrictions to my right to invest in any public investment, especially the leveraged index funds, that are particularly right and most suitable for me.
I am a retired Ph.D. Physicist who are good in math and has accumulated more than 40 years of experience in managing my own funds.
Among all available ETF funds which I have mostly invested in, I have found the 3x leveraged ETF
The last several years have seen a growth in funds that help individual investors seek targeted exposure to investments and strategies previously only accessible to high net worth individuals. Use of funds including leveraged funds, inverse funds, commodities funds, real-estate funds including global real estate, high-yield bonds, currency strategies, emerging markets stock, bond and currency
FINRA published its 2024 FINRA Annual Regulatory Oversight Report, formerly known as the Report on FINRA’s Examination and Risk Monitoring Program. The report provides member firms with key insights and observations from recent activities of FINRA’s regulatory operations to use in strengthening their compliance programs.
The Cybersecurity and Technology Governance section of the 2023 Report on FINRA’s Examination and Risk Monitoring Program (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) regulatory obligations and related considerations, (2) observations and effective practices, and (3) additional resources.
I use the inverse funds to lower the risk in my long stock investments. I am retired and don't take much risk, so I need the inverse funds to lower the risk.
