Comments: I am an investor, an advisor, a father, a son, husband and business owner. I have used these leveraged products in small amounts and I feel there is a lot of warnings, disclaimers, etc on these already. If anything maybe make the warning bigger or more bold but don't limit the access of these. That would in my mind do the following 1-increase risk because it would limit volume and
GUIDANCEAffirmative Determination RequirementsSUGGESTED ROUTINGKEY TOPICSExecutive RepresentativeLegal & ComplianceOperationsNASD Rule 3370Short Sale RuleAffirmative DeterminationExecutive SummaryOn November 14, 2003, the Securities and Exchange Commission (SEC) approved amendments to Rule 3370 (Prompt Receipt and Delivery of Securities—the "affirmative
People should be given the choice they want for their own investment. In a case like leveraged or inverse funds, I personally use them for taking advantage of temporary market dislocation or hedging, both for short term investments. Over regulating doesn't seem to be the right approach.
Leveraged products are great tools, they are significantly less risky and less costly than trading on margin. Why take away leveraged and inverse ETFs but leave the ability to buy on margin or sell short?
Please don't try to fix something that isn't broken.
If you regulate short selling you limit price discovery. China is restricting all kinds of rights with stock trading. In China you can't even talk about any bad about the market or stocks. Let's not make the same mistakes. enough!
Do not take away access to leveraged funds. These are important tools and they are not terribly dangerous. Why attack these? Do something more useful like make it illegal for short sellers to "manufacture" fake shares and make the consequences very very expensive for breaking the law.
These inverse etfs help me hedge my portfolio in periods of downturn. I don't beleive you have the right to tell me whatvto invest in. These are available for bigbinsitutions in some form or another and are easer for me to use instead of shorting individual stocks myself.
Extension of Time Requests Relating to New SEA Rule 15c3-3(d)(4)
I think it's an excellent idea to report short interest positions with more accuracy and transparency, on a more regular basis. I also think FTDs should be reported, again, accurately, and with settlement dates etc in a transparent way.
Citadel is completing multiple dark pool trades to cause market manipulation and short stocks on multiple levels whilst the SEC stands by and lets it happen. On 07/12/21 there were record high dark pool trades for $AMC
