please don't put more restrictions on trading leveraged or inverse fund. They should be available to the us (small investors) as risk management tool when market at extremes. They are helpful to me to manage risks.
I am not an independently wealthy person. However, I understand the inherent risks and potential rewards of leveraged funds. I utilize them within my risk tolerance as a percentage of my whole portfolio. Do not change.
I very much oppose any attempt by regulators to prohibit me from investing as I see fit. I am fully aware of the risks of investing in leveraged funds and have taken those risks into account.
Regulatory Obligations and Related Considerations
Regulatory Obligations
Effective liquidity controls are critical elements in a broker-dealer’s risk management framework. Exchange Act Rule 17a-3(a)(23) requires firms that meet the thresholds specified under the rule to make and keep current records documenting the credit, market, and liquidity risk management controls established and
FINRA Requests Comment on Proposed Amendments to FINRA Rule 4521 and New Supplemental Liquidity Schedule
GUIDANCE
Portfolio Margin Risk Disclosure Statement
SUGGESTED ROUTING
KEY TOPICS
Legal and Compliance
Margin
Operations
Senior Management
Margin Requirements
Options
Portfolio Margin
Portfolio Margin Risk Disclosure Statement
Rule 2520
Rule 2860
Executive Summary
As announced in Notice to Members (NTM) 07-11 (February 2007
Regulators should not determine what risks or opportunities that I want to apply to my portfolio construction. Hands off the tools I use to hedge and diversify my portfolio. There is already plenty of literature and information on the risks associated on these investments.
To whom it may concern,
Please to not restrict the ability for individuals to trade leveraged securities. Please let individuals assume the risk to that they wish to carry. Disclaimers already exist describing the risk of such securities and the type of trading involved.
Im a financial professional who understands the risks involved. People with no background in investments should go through a course to understand these risks with an inverse and leveraged fund. People with securities licenses have taken enough tests.
Please do NOT take away my ability to trade the leveraged ETFs.
They can easily be used to control risk as well as to take risk. They are not difficult to understand. In fact they are easier to understand than many other types of investments,
