I use levered funds such as TQQQ and Reverse levered funds such as SQQQ to trade for the purpose of supplementing my IRA savings, since I am long retired and I have two degrees in Electrical Engineering and 32 years experience in Research and Development of Geophysical tech. My broker displays the risks involved before I place a trade. Thank You very much.
You STUPID regulators need to stop telling us investors and traders which products we can trade or not. It's not your job to be the trading police! Keep your fingers off of the products that we use and STOP restricting them. Leveraged funds are a simple product that lets us traders leverage a simple index. It's that simple and not complex.
I would like to have equal transparency among all investors and eliminate dark pool trading and other off site trading venues that the majority of retail investors do not have access to. Fines for cheating are not enough. Liquidate institutions who fail to deliver!
On January 31, 2022, FINRA introduced the Participant Data Management System (“PDM”) which firms now use to manage access to the FINRA trade reporting facilities, including TRACE, ORF and ADF. PDM also allows firms to add, view, and modify users of the TRAQS web interface. Firms are strongly encouraged to use PDM to review their TRAQS users on a regular basis to ensure that accounts remain valid
The Direct Market Access Controls section of the 2019 Report on Exam Findings informs member firms’ compliance programs by describing recent findings and observations from FINRA’s examinations, and, in certain cases, also providing a summary of effective practices.
In a fair and free market there should be absolute transparency. The number of shares shorted should be available in real time during trading hours. No more dark pool trading. Every single share sold should be reported and able to be located at any time. Market manipulation is rampant and hurting retail investors. Get rid of algo trading back and forth. Naked shorting and FTDs should carry
I've used leveraged funds successfully for many years. They have significantly improved my investment returns while maintaining better capital preservation for investment flexibility. After acquiring years of experience via trading leveraged ETF's I don't want to take on added regulations not do I want to risk losing my right to leveraged trading nor have it limited.
To whom it may concern,
I completely understand the risks of leveraged instruments that I use for investing. I do not want regulators to impose restrictions limiting my ability to trade these investments. I have been trading for over 20 years. Restrictions like these would only reduce my ability to protect my portfolio during certain times of uncertainty, as well enhance my positions.
Levered ETFs are a critical part of my investment methodology. They allow me to take advantage of short term trading opportunities, and do not represent core long-term investment holdings. Additionally they generate returns that are meaningful with limited capital, something I can't do without leverage. The current disclosures and warnings provided by brokerages when a trade for a
I think it makes trading not fair and leveled for all people, if you limit trading leveraged etf, for having a certain amount of money and needing cooling time,
Warnings that we accept should be enough for ppl to know the risks.
And most ppl learn stocks from their own unofficial sources and making official curriculum, will make it hard for people with other jobs to invest in stocks
