Anyone that has a brokerage account should be able to buy and sell any public traded stock or etf. It is up to the investor to evaluate the risk not up to regulatory groups. Please continue to allow personal trading as a person sees fit to do for their own situations.
I have been using inverse/leveraged funds for over 7 years now. When I started I was new to trading. I did all the research on the funds as that was my responsibility as a trader. The brokers I use all explained in great detail the risks of trading these types of funds.
Everyone should have the right to trade these types of investments. It should not be based on how much wealth you have.
I believe that the complexity of Leveraged ETFs is correctly matched with the current required notice and acknowledgement. Further restrictions on these products are very likely to be unfair to everyday Americans. Retail investors can and should be able to choose the level of risk and volatility that matches their investment knowledge and interest without needing to be already experienced or
Ive been trading leveraged ETFs for over 18 months. To me it seems that you would do more harm to stop a self-directed traders ability to continue while they already have investment in the product. I could go on and on. But I will just say stopping someone especially in a bear market does not give them a chance to use leverage funds to make profit over the long term. That isnt right. You would
To: FINRA Regulators, Kind Regards. I have been trading ETNs, leveraged securities, futures, puts and calls etc. since 1985. I understand the works and functions of these somewhat complex trading methods. I started with about $10,000.00 and now have multiple trading accounts approximately in excess of $2,000,000.00 I respectfully request that you do not take away my rights to buy and sell listed
Beginning Friday, September 29, 2023, an enhancement to the client certificate request process will be introduced, and FINRA API clients will have additional encryption options during their recertification process. Clients will still be able to retain the client certificate size of 1024 bit, but will now be given choices to increase this size upon a certificate renewal.
Please see the technical
Gentlemen, I would like to object to any proposal to restrict trading in certain securities such as leveraged and inverse funds. I am not a high net worth individual, but I have read several books on trading and investing, have taken several courses and belonged to a trading club for a while. So I feel I have a more than adequate understanding of how markets work and the risks involved.
Comments: My broker already gives proper warning and reviews request to access these types of trades. Retail, new, and small investors are already at a disadvantage in todays market that allows high net worth entities access to trading outside regular market hours and through AI driven trades that give them a leg up when new information is presented to the public. Adding more restrictions or
Comments: L & I funds are no more risky than playing Options. If anything you should be limiting individual investors availability in using leverage to play options, or options trading in general, which can hurt the market as well. Options trading is far more like gambling and less like investing than anything else, had gained popularity with the newer more uneducated investing crowd and
