ROUTE TO
Senior Management Legal & ComplianceOperations OptionsSyndicate Trading Training Other
EXECUTIVE SUMMARY
The Securities and Exchange Commission (SEC) recently approved new Section 42 of Article III of the NASD Rules of Fair Practice. The section prohibits NASD members from effecting, directly or indirectly, over-the-counter transactions in a security in which a trading
I've lost a hundred thousand thru ProShares, before they noted their trades were for day trading. I was not aware how rapidly the accounts could drop in value, even when the markets moved in a direction that should have increased their values.
I use leveraged and inverse funds as part of my trading strategy. It is far less risky than using options in a retirement account. Please allow the continued use of the Proshares offering as I frequently trade TQQQ and SQQQ in my portfolio.
Remember Dodd-Frank? It made one of the safest trading methods illegal - hedging. Obviously, they never spoke to a trader. Just because someone can regulate, doesn't make them smart enough to do it. Hands off my trades.
Why would you regulate this now??
How could your actions be fair?
Im an educated adult. I shouldnt need a license to trade in funds or.you should make ALL investments (especially crypto) require a trading license!!
NO REGUATION ON LEVERAGE TRADING. BY TRADING IN COVERED CALLS IT HEDGES & PROTECTS THE DOWNSIDE RISK. IT IS VERY VERY IMPORTANT TO MAINTAIN THIS STRATERGY. IT ALSO PRODUCES THE INCOME AS I NEED CASH TO LIVE ON SINCE I AM RETIRED AND THERE IS NO OTHER INCOME EXCEPT SS.
I have successfully traded leveraged and inverse funds for years now. I understand the risks and benefits. I find it counterproductive in a free society to have a government preventing investments that aid in leveraging an investment account to individuals who know how they trade.
FINRA Rule 5210 (Publication of Transactions and Quotations) prohibits member firms from publishing or circulating, or causing to be published or circulated, any communication which purports to report any transaction as a purchase or sale of any security unless such member believes that such transaction was a bona fide purchase or sale of such security. Firms may, on a discretionary basis, communicate or advertise their trading activity to the market through one or more service providers that disseminate that information to subscribers and the market. Firms that do so must ensure that such information is truthful, accurate and not misleading, consistent with the requirements of Rule 5210.
Good Morning, This proposition is uncapitalistic. Ive educated myself in cryptocurrency and should be able to trade freely. If there is a danger to cryptocurrency then make it known, otherwise, the government or other agencies should not be limiting what can be traded, like China would.
Comments: Limiting access to the L&I funds will be limiting the trading options that investors choose to trade with. The diversity of our culture, race, religions, options,, selections, choices and freedom makes America The great! Why make us less Great?
