Once again, people in government want to do what's best for you. Our elected representatives want to be able to control how I trade leveraged funds. I don't get to chose how my elected representatives trade, yet I am consistently taken advantage of by my elected representatives. Think about how ridiculous it is to only let people of very high net worth trade leveraged funds in their
(a) If an ADF Trading Center does not achieve certain thresholds of both its Projected Average Transaction Volume and its Certified Peak Transaction Volume in one or more categories on one or more days in a given calendar month, the following shortfall capacity usage fees will apply:
For Projected Average Transaction Volume:
Level
Percentage Shortfall
1 – 2 days
3 – 5 days
6 – 10
I have been trading 3X ETFs for over 12 years. One should have the prerogative to trade as one wants. There are many other risker investing besides 3X such as penny stocks, options, futures etc leave 3X investing to the investor!
I strongly oppose restrictions on my trading accounts. Why would you do this? I have been trading these vehicles for years. You may well be opening yourselves up to class action lawsuits.You would be interfering with peoples ability to earn a living.
I don't think you should forbid everyone to trade leveraged and inverted ETFs, With some qualification such as 10 years experience and certain net worth, such as net $1000000 in investment assets, those people should be able to qualify to trade those vehicles.
Trading inverse funds or leveraged funds has pros and cons and is a staple in a traders portfolio to hedge correctly in times of high volatility. These are high risk funds which carry plenty of risk to traders already. There is no reason to ban the trading for non regulators.
I have been trading leveraged elf's for several years and do not need any oversight or extra steps to be able to trade. I am executing a good portfolio strategy and do not need any additional oversight. Please stay out of my business.
I am deeply concerned about the possibility that my trading rights will be limited by a new set of regulations They will deeply impact my ability to earn a living and limit the tax revenue that you would gain from my 20 plus years of trading.
FINRA publishes information about the Order Audit Trail System (OATS) on a regular basis via an online newsletter titled The OATS Report.
Hello- I really want to keep the ability to buy leveraged and inverse funds as these are very good tools to hedge an overall portofolio,especially in these volatile times. Please keep our ability to continue to trade these tools and give the smaller investors these crucial trading rights.
