I have been using leveraged ETFs exclusively in my brokerage and retirement investment accounts for the past three years. I have studied them extensively and determined that they are the right choice for me and my family. They are not for everybody. Each investor should due their own research and there's certainly no shortage of information on these investment vehicles. Every investor,
It is my opinion that I alone, not regulators, should have the right to choose the investment strategy that best suits me and my family. I am fully capable of researching and making an informed decision on what leveraged and inverse funds that I should buy and sell. All funds are risky and I am 100% against regulations that are imposed upon me and that can drastically impact my ability to plan
Comments:I have traded L&I ETFs in the past. My broker's website asked me to first declare intentions for my account that were consistent with L&I products (short term and actively monitored.) I feel this was more than sufficient to dissuade any uninformed investor that didn't know what they were getting into. I don't want to be "protected" from these
When does FINRA plan on improving their T+x system so that it’s not so abusable by hedge funds and other institutions? Blockchain for same day settlement? Are any kind of improvements coming on for retail investors in the form of information availability? As in, the info will be available sooner and will actually be relevant content and not 3 months delayed and barely relevant to the market upon
This is unwarranted, unjustified, and unnecessary. Investors should be able to make their own decisions about what they invest in, and when, and how. Fund family vendors provide all the information necessary about their product(s) to let any investor who TAKES RESPONSIBILITY for THEMSELVES for their actions to understand clearly what they are investing in, and the risks inherent in that
The penny stock rules under the Exchange Act require broker-dealers engaging in certain over the counter transactions in low-priced stocks to provide customers with specified information. See Securities Exchange Act Release No. 30608 (April 20, 1992), 57 FR 18004 (April 28, 1992). The penny stock rules permit a broker-dealer to fulfill some of these disclosure obligations by relying on pricing
(a) Before appointing arbitrators to a panel, the Director will notify the arbitrators of the nature of the dispute and the identity of the parties. Each potential arbitrator must make a reasonable effort to learn of, and must disclose to the Director, any circumstances which might preclude the arbitrator from rendering an objective and impartial determination in the proceeding, including
For the purposes of this Rule 6500 Series, the following terms have the following meaning:(a) “Confidential Data Element” means an item of information that a Covered Person must report under SEA Rule 10c-1a(e) and FINRA Rule 6530(a)(2)(M) through (U).(b) “Custodian” means a Broker or Bank that is providing safekeeping or custody services as described in Exchange Act Section 3(a)(4)(B)(viii)(I)(aa
SEC Approves Changes to Arbitration Rules on Definition of Associated Person, Distribution of the FINRA Discovery Guide and Applicability of Hearing Session Fees
Thank you for the opportunity to appear today to discuss the important work that the Financial Industry Regulatory Authority, or FINRA, is doing to fulfill our mission under the federal securities laws to protect investors and safeguard market integrity while facilitating vibrant capital markets.
