The use of inverse funds helps me reduce risk in times of market
Volatility!
If this action is taken my only option is to be in or out of market
Please dont take my ability to trade on money I have earned
Allow freedom to investors to continue to think for ourselves
Its beside me that instead of looking at the bigger picture the sec wants to take action against freedom of finance. Meanwhile hedge funds are allowed to run rampant. What they do is illegal and should be under investigation. Thank you for considering my comment in advance.
This proposed action is unnecessary and seeks to restrict individual choice and investment vehicles for individual investors. These investments are an important part of my investment strategy and when used wisely can be leveraged to minimize loss during market downturns without having to liquidate long-term holdings.
Sec. 13.3 The Board may adopt emergency By-Laws subject to repeal or change by action of the stockholder that shall, notwithstanding any different provision of law, the Restated Certificate of Incorporation, or these By-Laws, be operative during any emergency resulting from any nuclear or atomic disaster, an attack on the United States or on a locality in which FINRA Regulation
INFORMATIONAL
NAC Nominations
Nomination Deadline: September 15, 2000
SUGGESTED ROUTING
KEY TOPICS
Legal & Compliance
Senior Management
National Adjudicatory Council
Executive Summary
The purpose of this Special Notice to Members is to advise members of the nomination procedures to fill three upcoming vacancies on the National Adjudicatory Council (NAC). The
SUGGESTED ROUTING*
Senior Management Corporate FinanceLegal & ComplianceOperationsTradingTraining
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
Congress passed the Insider Trading and Securities Fraud Enforcement Act of 1988, which became effective on November 19, 1988, and augments enforcement of the securities laws, particularly
This is an outrage. This is the cheapest form of leverage available to the little guy and you want to take it away from us. Leveraged investing is supported by Modern Portfolio Theory for those of us with higher risk tolerances. We understand the risks. Dont punish us for the irresponsible actions of a few.
As a retail investor, the broad availability of investment products in securities and other asset classes is invaluable. Products such as leveraged and inverse funds are a definite value to retail investors such as myself, and any regulatory actions that limits or removes the ability to invest in leveraged and inverse funds is not appropriate nor wanted.
Investors are already aware of the risk that these funds bring. Why limit access? If the goal is to prevent people from not understanding the consequences of their actions, create a warning that brokers must display before purchasing these kinds of investments - don't limit investors from access to funds we love!
I am an educated adult who can make my own choices about what investments I make. I DO NOT need the government to tell me what to invest in, what not to invest in or be involved in any way in regulating leveraged or inverse funds.
I vehemently disagree with this proposed action