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 of 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 settlement day of a trading week. Rule 5.
I occasionally use various ETFS that short major indexes or multiply returns on major market ETFs such as the DOW, the NASDAQ 100 or the S&P 500.
I feel that it is a restriction of my ability to choose my personal risk levels if you place limitations on these financial instruments.
Dan Eacret
What ever happened to the concept of individual responsibility? Why does government and quasi government entities think I/We are blithering idiots?
For the record: I am adult who understands risk. If I wish to invest in a high risk investment, That is my prerogative!
In short: IT IS NONE OF YOUR/GOVERMENT'S BUSINESS!!
I strongly disagree with any government or regulator-imposed restrictions regarding investment in inverse and levered ETFs. These are a key part of my investment strategy, especially in my 401(k) account where I am unable to hedge and take a short position in securities and am unable to purchase (be long) options.
Dear Sir or Madam, In short, please allow continued use of leveraged products, as available with providers such as Proshares. The risks are adequately addressed in required prospectus and I believe they serve a worthy hedge option to public investors. I support their continued availability. Thank you. Best, James Liggett
It is important for retail investors to have trading options that do not require trading options. That is a bit of a play on words, but I hope you get the drift. I don't want to trade options but I do want to be able to invest in ETFs that short the market. It is an essential part of my investment portfolio.
Dear FINRA;
Please do not add 'nanny state' type restrictions on inverse and leveraged ETF's. As an investor, I need access to a variety of investment options, including long and short leveraged ETF's.
The introduction of onerous restrictions on investing in these types of funds would not serve the public interest.
The stock market is in a difficult situation now because of war and inflation. After May 4th, the stock market is expected to rise in the short term. There have been many difficulties this year, but I think it will recover a lot.I oppose restrictions on my right to invest in public investments.
Investing in Proshares is easier and less riskier than individual stocks that are easily manipulated by Wall Street algorithms. In case regulators seriously want to protect investors, then abolish shorting activity from stocks and market so this casino activity triggered by Wall Street can be stopped.
FINRA and the sec are only here to protect large investors to become richer. This rule change and the fact that the sec approved a futures but not spot etf, enabling shorts is proof of that. This is why crypto is so important. It takes the power away from these corrupt officials and gives it back to the individual.
