I have been actively investing in the stock market since 1985 and have followed the development of leveraged and inverse funds and ETFs as they progressed. I think the current requirements of the brokerage firms is adequate information to investors about these types of securities. I think no additional restrictions or regulations should be placed on my right to invest in these securities.
Leveraged etfs and inverse funds provide retail investors to create wealth over an extended period of time. These are easy to understand like any other regular etfs. There's sufficient information available through unpaid and paid sources about these investment instruments. Any restrictions will be against the interest of retail investors.
Comments: Please do not limit or effectively make it impossible for small investors like myself from using leveraged ETFs. Im knowledgeable and your materials on the subject are enough for informed decisions. I vote, I pay taxes, I live a modest life, I deserve the right to invest in all available legal investment products.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the Code of Arbitration Procedure for Customer Disputes (“Customer Code”) and the Code of Arbitration Procedure for Industry Disputes (“Industry Code”) (together, “Codes”) to modify the current process relating to the expungement of
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I disagree with the idea that these leveraged/inverse funds should be disallowed for purchase by individual investors. The risks are reasonably well-known and the information about them is available for anyone to read. The fund which I am invested in allows me to hedge my portfolio in a way that would not be possible without it. Please allow me to continue to trade these funds.
Leveraged stocks with options offer easy money for unsophisticated investors (those without insider information and months of day to day observation). By selling deep in the money puts on a variety of these investment vehicles youre able to get a safe and moderate return while others can hedge their losses. Its a win win.
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Would like to see real time short interest information in regards to short positions and calls/puts, and failure to delivers on at least a t-3 system if not end of day by 6pm. This would encourage a far more fair and transparent market for retail traders.
