I have been trading TQQQ and UPRO for over 9 years. It would be ridiculous to eliminate this ability or require additional proof of my abilities. My successful strategy has ensured I have made 100% of my trades for a gain. I have made many hundreds of trades in these funds over the years. Please do not change my access. I currently have nearly 30,000 shares of these funds and do not want to
I have been invested and successfully trading leveraged funds for 24 years. Trading leveraged funds provided me the income to retire early, I am now disabled and no longer able to work, taking away my ability to trade leveraged funds would take away my ability to support myself. The worst thing that could happen is preventing my ability to buy leveraged funds when the market is down, preventing
I trade the leveraged funds, like I would trade options trading. I am allowed to do that, then why not this. Also if I am not allowed to buy, what will I do with all my holdings which amount to more than 1000,000 USD when I will not be able to sell them either. This is not legal. You will need to put these regulations in place only after giving enough notice for unwinding my positions. This will
Please do now impose on our/my ability to use leverged and/or inverse funds. These play important role in my investment strategies and some of us are unable to trade futures, so they are the only entity we have to trade in a leveraged fashion. I understand the risk involved and a believe that most that do trade inverse and leveraged funds also have that understanding. I'm sure some don
Comments: Im a retail investor who takes responsibility and ownership of my trading and investing activities.
Leveraged and inverse products are useful trading vehicles for retail investors who dont have easy access to short selling, swaps, or other forms of leverage.
The products are easy to understand for anyone who takes the time to read the fund prospective and objectives.
I feel that FINRA
I trade leveraged and inverse funds in order to feed my family and pay my mortgage. I am 60 years old and do not have skills to get a job that would pay enough. My husband is 82 and a fall risk. We cannot afford assisted living. So being able to trade allows me to take care of him. I honestly don't know anyone who has gone broke from trading. My experience is that your proposed regulations
Please do not limit my ability to trade ETFs and inverse instruments. This is a very important part of my Trading!
SUGGESTED ROUTING*
Senior ManagementLegal & ComplianceOperationsSystemsTrading
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On October 26, 1990, the Securities and Exchange Commission (SEC) approved the risk management functions of the Automated Confirmation Transaction (ACT) service. ACT risk management began operating Monday,
FINRA has made minor cosmetic changes to the MFA process
I have been trading successfully for 40 years and do not want restrictions and/or regulators deciding on the way that I should trade.
