We all want fairness in the market. No more rules that protect big money from any culpability when taking advantage of access to market features that retail investors don’t have. Conflicts of interest such as market makers shorting stocks they hold the books for, t-2 settlement dates, 15 day short reports, and most importantly, darkpool order rerouting of retail investor buy orders must be
Investment professionals might hold a variety of designations and other credentials, offered by a multitude of organizations. FINRA’s Professional Designations Database provides information about many of the designations you might see used, including the prerequisites and other requirements for obtaining and holding such designations
I want a more transparent market for retail investors. Live accurate data that isn't 2-30 days delayed and partially reported. It is a distinct disadvantage that retail has when it only gets part of the picture. I also would like to see more regulations and stiffer penalties on naked short selling. The fines that are handed out for FTDs and naked short selling are a drop in the bucket to
I want a more transparent market for retail investors. Live accurate data that isn't 2-30 days delayed and partially reported. It is a distinct disadvantage that retail has when it only gets part of the picture. I also would like to see more regulations and stiffer penalties on naked short selling. The fines that are handed out for FTDs and naked short selling are a drop in the bucket to
It always seems that FINRA's only job is to help large institutions to keep their advantages over retail traders. You already make it disadvantages to trade options and futures. Now you want to add leveraged ETFs to that list. How about focusing on things that are really a problem such as the advantages given to market makers and dealers through paid order flow. It is clear that FINRA
Thank you for taking time to read my comment. My biggest concern with this is what's next? The volatility of these products can be large, but there are plenty of very high volume company stocks with even more volatility then these 3x ETFs.
Compare UPRO with GME, AMC, SNDL, even TSLA. I would be at a loss to understand why I would be limited to trade UPRO but still be able to AMC, GME and
Using leveraged funds provides me a great opportunity to improve my performance and hedge my investments against market cycles. Taking away these investments at this time would drastically affect my ability to invest especially doing it when the market is down a large percentage already this year. Anybody who makes investments in these products is already warned with a message/notice about the
I lodge my comment on FINRA Regulatory Notice #22-08 opposing the proposed action by FINRA. Investors have legitimate risk management reasons for investing in leveraged and inverse funds as part of their retirement or other plans. Personally, I use these funds to mitigate the risk in my bond portfolios to interest rate increases that negatively impact these fixed income valuations. I understand
I oppose any restrictions by FINRA or any other regulatory bodies on my right to invest in publicly available investments such as leveraged and inverse funds. You couch your actions as protecting individual investors. We do not need your paternalistic [REDACTED]. Take it elsewhere. There should not be any special process, including passing a test or net worth test, or any of that crap to invest
<p>All Letters of Caution represent a determination that a violation has occurred, either of an NASD rule or a rule of the Securities and Exchange Commission over which NASD Regulation has jurisdiction to enforce. A Letter of Caution that results from a finding in a disciplinary proceeding initiated under the Rule 9200 Series of the NASD Code of Procedure is a sanction within the meaning of Procedural Rule 8310(a)(6), but a staff-issued Letter of Caution is not a sanction within the meaning of Procedural Rule 8310(a)(6).</p>
