Finra 21-19 is a change that is long overdue to the short reporting systems that have plagued the United States capital markets for too long. The institutions that have the ability to misrepresent their short exposure and subsequent effect on the markets is not only damaging to the retail Investor but the markets as a whole. The changes implemented in Finra 21-19 are not only a step in the right
Please note my comments as below: Rule 1. All short sale shall be reported to finra by end of each settlement day. Rule 2. Finra shall make public report the day to day short sale by end of settlement day or the trading week. Rule 3. All unused loaned shares shall be reported to finra by end of settlement day. Rule 4. Finra shall make public the outstanding unused loaned share by end of
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As a follow-up to my first letter of comments objecting to FINRA's proceeding further with any future added regulations on/to U.S. financial investment instruments such as those utilized(provided) by UltraPro, UltraPro Short, or Ultra Short Pro
I strongly oppose the proposed legislation to limit individuals from investing in so called complex securities. I have the right to choose how I spend my time and money and I disagree with efforts to ban me from products I have already purchased after significant research and time. I buy leveraged funds as a way to mitigate my overall risk while pursuing higher returns. Leveraged funds allow me
Leveraged and inverse funds are a valuable tool for maximizing
short term gains and protecting your portfolio in volatile markets. I understand the concerns but I think it's a big overreach restrict the use of these funds by individuals.
Why would you limit my investment choices. Please keep out of limiting my ability to short the market through ProShares. You are unamerican to even consider limiting my choices/
Its my money. These leverage funds only thing protecting my accounts during crashes.
What, i have to increase risk and short now, or maybe worse, buying constantly expiring puts?
I know what I am doing. I know and accept the downside risk. The leverage of these securities means I do not need to use expensive margin debt or enter into risky short sales. I am delighted with these products.
Finra would be better served finding a way to stop unregulated shorting of many securities in the US markets. This action against Leveraged and Inverse funds inhibits a hedging mechanism that is useful to individual investors.
Stop. This is none of your business and you don't know what you're doing. An efficient market needs investors on both sides of a trade....buyers and sellers, long and short, who are responsible for their trades. Not you.
