Do you remember the tax act of 1986, it took back what was granted to investors in the 1981 tax act and slammed the entire economy into reverse for about five years. This is the same kind of action.
I would not use inverse ETFs, or short market.
I keep the exposure as s small portion of an overall portfolio, and have a large cash balance. So, using these, I can keep cash % larger.
Biggest single
Dear sirs
I am testing a strategy using leveraged ETF's. My simulation shows it is feasible and successful. I have the following considerations:
1. ETF's are funds of many stock stocks, especially market ETF such as TQQQ. It has market risk but not the risk of individual companies. Sometimes, individual companies have higher risk than the market itself.
2. My strategy is short
The open market system is important to the U.S.A. It makes socio-economic mobility possible. It makes our country an attractive place for immigrants who also work hard and produce for our national economy. Restrictions to our open market system are effectually discriminatory. While there are so many quantifiable "real problems," restrictions to the open market is not a priority
It is alarming that FINRA wants to prevent me and my family from making money using leveraged ETFs during this current market cycle. I am able to use these funds such as SQQQ to hedge my portfolio during the current volatility. This has prevented my account from being negative for the year. I have also used some of the commodity funds to take advantage of the rise in oil prices. I am not a
Firms have shared the following ways they have used prior FINRA publications, such as Exam Findings Reports, Priorities Letters and Reports on FINRA’s Examination and Risk Monitoring Program, to enhance their compliance programs. Firms may consider these practices, if relevant to their business model. We welcome feedback on how our firms use FINRA publications.Assessment of Applicability:
I strongly oppose any proposal by FINRA to regulate my ability to invest. The implications of these proposed regulations are insulting and offensive on the surface, implying that investors are not capable of making wise investment decision. Perhaps the ulterior motive, however, is to limit certain PUBLIC investment opportunities to the "ELITE." We don't play that
Leveraged funds are critical to my investment strategies. Yes, I have lost money at times, but I understand the risks. A risk I can't plan for is regulation taking away my ability to make the right choice for me and my investment goals and risk appetite.
I think every investor should be allowed to invest in the securities they wish to -- regardless of their net worth.
As a responsible
Non-accredited investors are already discriminated against through exclusion from private equity and initial series of funding for new start-ups. FINRA protection from risk/profit is not helping, it is hurting small investors. Taking away small investorss ability to utilize leveraged or inverse ETFs prevents them from any chance of hedging. It is criminal and discriminatory. I have had enough of
I strongly object to ANY regulation change affecting my personal choice to trade any/all market vehicles including leveraged funds. I DO understand leveraged fund risk, these funds along with risk also provide opportunity I rely upon. I see new requirements such as forced testing as an infringement on my U.S. FREEDOMS, Freedom of Expression, Freedom of Chance, Freedom of Action. MY individual
As an individual who invests in EFTs and other assets using income from a W-2 Job, its very important that I have the freedom to review, research, and pick which products I wish to invest my money. The SEC is constantly making it more difficult to generate good returns for non-accredited investors and this is just another example. Actions like this leave normal citizens like myself out of some of
