Comments:
I have been investing in the stock market for almost 39 years including 29 years working as a financial advisor.
I have traded leveraged and inverse ETFs
in my own account and understand the risks of same. Fidelity has provided ample warnings of the risks associated with these
Instruments. I would be supportive of FINRA efforts to protect investors for whom these ETFs would be
The Market Access Rule section of the 2022 Report on FINRA’s Risk Monitoring and Examination Activities (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) relevant regulatory obligations and related considerations, (2) exam findings and effective practices, and (3) additional resources.
(a) The term "Clearing Broker-Dealer" or "Clearing Broker" shall mean the member firm that has been identified in the System as principal for clearing and settling a trade, whether for its own account or for a correspondent firm.
(b) The term "Correspondent Executing Broker-Dealer" or "Correspondent Executing Broker" shall mean the member firm that has
OATS Rules 7440(c)(1) and 7450 require firms to record and report to OATS information related to the transmittal of an order to a department within the member.
Comments: I have used leveraged ETFs since 2018 and have been able to understand the risks. I am consistently reminded of the risks and understand that downturns in the market can skew the performance and they are made for short term active trading and monitored regularly. I receive a notice prior to placing trades with my firm and periodic emails reminding me of the risks. I am comfortable with
Hi, Please leave the current platforms intact. Many investors have adjusted their portfolios to trade and invest in this setup. Changing this will cause major harm to investors. Obviously there is a lack of transparency when leverage products were allowed to manipulate the markets but now it is a mature market and public is very well aware of these products. Please do not change anything but
I'm have been investing over 7 years. The knowledge of Nasdaq stocks, Dow stocks, and other stocks. My years of experience in trading make me qualified to invest "high" leverage and "high" risk index of stocks. The Proshares service offer this great opportunity to investors to gain profits during volatile times in trading session of the market. I accept and understand the
Dear SEC, How dare you go after these instruments. Focus more of your energy on companies which do insider trading and when you do give fines they cannot be less than the money made. Inverse funds and short selling and leveraged funds give some advantages to average investors that institutional investors dont need. Please reconsider thiese "rules". Banks should not trade FDIC leveraged
Dear FINRA: DO not steal my free agency to invest my money as I see fit. DONT HELP ME. I need the leveraged and inverse trading financial instruments in order to hedge my portfolio. I especially dont need your mandate to complete a trading school of any kind. Leave me alone. If you still feel the need to stick your self righteous ignorant nose into other peoples affairs may I suggest [REDACTED]
I strongly oppose this arbitrary regulation that arbitrarily singles out leveraged and inverse etfs to high net worth individuals. This is clearly a case where regulators are falling prey to political pressure to "protect" investors. These funds are incredibly useful in instances where trading futures is not available. In addition, the risks inherent to inverse and leveraged funds are
