Individual private investors should have the right to invest unhindered in inverse and leveraged stock index funds. These funds facilitate methods of trading that can be used to manage market risk, and are easier to trade than options. Investors should have this method available for investing. Please do not restrict investors access to these types of funds.
INFORMATIONAL
Riskless Principal Trade Reporting
Riskless Principal Trade-Reporting Rules Will Be Implemented On February 1, 2001
SUGGESTED ROUTING
KEY TOPICS
Continuing Education/Testing/Qualifications
Institutional
Legal & Compliance
Operations
Senior Management
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Riskless Principal
Trade Reporting
I object strongly to this plan to limit my freedom to invest how I choose. I have many years of experience in options and leveraged ETF trading and make my living doing so. Leveraged funds are very important to me and my trading strategy. I am completely against this potential plan and request it be terminated from consideration.
I OPPOSE RESTRICTIONS ON SELF-DIRECTED RETAIL INVESTORS TRADING IN OPTIONS AND OTHER COMPLEX PRODUCTS!
The advent of low cost self-directed trading in options and so called complex ETPs has greatly democratized investing by giving average people the opportunity to employ investment strategies previously available only to the wealthy.
I dont want the government restricting what I can trade or
I am opposed to any legislation preventing me from trading these types of securities. I have been trading options for 15 years, and have been trading leveraged and inverse etfs for at least 10 years. I know how they work and have studied these vehicles at length. I studied options and used practice accounts over 15 years ago before I ever used options. I use options and leveraged etfs as
Dear Sirs: I am providing the following information in response to the possibility that FINRA is apparently in the process of promulgating restrictions that may cause severe harm to my ability to take advantage of the current system that allows investment in public securities and ETFs. As such, my ability to provide financial support to myself, my wife, and my immediate family may be destroyed
(a) Compliance with Quoting and Trading Restrictions
(1) Member Compliance
Members shall establish, maintain and enforce written policies and procedures that are reasonably designed to comply with the applicable quoting and trading requirements of the Plan.
(2) FINRA Compliance
FINRA systems will not display quotations in violation of the Plan and this Rule.
(3) Pilot Securities That Drop
To Whom it May Concern,
I disagree strongly with the proposal to restrict trading of leveraged and inverse ETFs. Requiring minimum income levels or minimum assets as a requirement of trading these investment vehicles is once again telling the average American that one must already be wealthy in order to be allowed to pursue wealth. Furthermore, it will do so precisely at a time when the
The proposal to ban or limit leveraged ETFs is downright wrong and is un-American in every aspect. These are valid & legal securities, just like gold, or bonds, or any single stock. Do traders of these assets need special approval, or have any other restrictions to their trading?
An investor or trader can lose just as easily and quickly with any of these assets, or even real estate
The Best Execution Outside-of-the-Inside (BE) report card is a monthly status report detailing the number of transactions reported to a FINRA Facility (i.e., a FINRA Trade Reporting Facility or FINRA's Alternative Display Facility) in which your firm participated that were executed Outside-of-the-Inside market in apparent violation of the Best Execution Rule. If non-compliance with the Best
