Leveraged ETFs can be a wonderful tool for building wealth if they are used well. Let the people make the decisions, there is no reward without risk.
Effective Date: May 1, 1995
SUGGESTED ROUTING
Legal & Compliance
Operations
Registration
Training
The Securities and Exchange Commission has recently approved revisions to several NASD qualification examinations. These changes become effective May 1, 1995. The revised examinations include the following.
Investment Company Products/Variable Contracts Representative
Guys - gimme a break!! Leave well enough alone!! we KNOW what we are doing, and do NOT need your "guardrails"!!!
I have found leveraged ETF's very valuable in a well balanced portfolio.
Please do not make it more burdensome for the normal investor.
Theses leveraged ETFs have been in place for many years and serve investors well. They ate flexible and trade efficiently Thanks
please do not add red tape to a market that is functioning quite well and provides an inexpensive way to accomplish certain investment strategies.
Last Voting Date: April 23, 1993"
SUGGESTED ROUTING
Senior ManagementLegal & Compliance
Executive Summary
The NASD invites members to vote on a proposed amendment to the NASD By-Laws and Rules of Fair Practice to make all rule approval procedures under the NASD's By-Laws uniform (presently some need only Board approval; others need full membership approval) and to
Might as well just move to China or Russia. I'm an adult. Stay out of my business. Nothing ventured. Nothing gained!
These products are very valuable to my personal investing and hedging. I know the risks very well as a former RIA. Please leave these products.
As a relatively sophisticated inventor, well versed on the risks of investments, I see this rule does not benefit me - but restricts the way I can invest
