I oppose to restrictions on my right to invest. What is more difficult, having the business acumen to evaluate when to buy or sell individual stocks or the wisdom to know that if the stock market generally goes up over time, that you might make more money in a leveraged index fund like the double Nasdaq or double S&P. Are you going to tell me I can't approve of a complex
I am a client associate at Merrill Lynch (soon to be registered client associate after passing my Series 7 and 66) and I recently passed the SIE. I fully understand the mechanisms behind leveraged/inverse products. Limiting the accessibility of these products is not in an individuals best interest because they should be allowed to make their own risk/reward judgements. 25% of my portfolio is
I oppose any restrictions on my right to invest. Please do not revoke my right to choose the public investments that are right for me and my family. Public investments must be available to ALL of the public, not just the privileged. Individual investors like me need the ability to use funds such as High Yield Bond Funds, Leveraged/Inverse Products, and Asset-Backed Securities to diversify and
Executive Summary
FINRA will conduct its Annual Meeting of firms on Monday, August 19, 2019, at 9:00 a.m. Eastern Time in the FINRA Visitors Center at 1735 K Street, NW, in Washington, D.C. The purpose of the meeting is to elect individuals to fill one small firm seat and one large firm seat on the FINRA Board of Governors (FINRA Board).1
It is important that all eligible firms be represented
Leverage ETF provides mechanism for individual investor like me who has access to limited capital but still can make significant more money.
Investor are very much aware of that these are riskier Bets so are options, equity market as well where NVDA, AMD, FB, NFLX, RIVN, SQ, SHOP, SOFI stocks can loose 50% to 80% value within a span of 12 months. It is up to individual investor's wisdom
Ladies and gentlemen, I urge you to not amend the rules regarding complex investment products like leveraged and inverse ETFs. I am an individual retail investor for whom these products are a necessary tool to manage risk in my portfolio. Many investors use them to hedge.
There exists many safeguards to prevent rampant speculation, and the rules in place as well as the efforts of retail broker
It's important for investors to have the freedom to take any risk they deem appropriate for their situation. Using leveraged and inverse funds give investors the opportunity to make money in all markets. It also helps them hedge and protect other pieces of their portfolio. All markets are different and taking away these types of strategies will reduce flexibility in portfolios and
Dear Sir or Madam,
Please consider continuing the use of leveraged and inverse funds, especially those from ProShares. As a long time investor in both TQQQ and MVV, I am well aware of the risks and rewards of leveraging in both times of market appreciation and depreciation. The mentioned leveraged funds are another arrow in my quiver of diversification and ability to be financially independent
Ms. Marcia E. Asquith, Executive Vice President Financial Industry Regulatory Authority, Inc. 1735 K Street, NW Washington, DC 20006-1500 Re: FINRA Regulatory Notice 22-08 (the “Notice”) Dear Ms. Asquith: Defiance ETFS, LLC (“Defiance”), appreciates the opportunity to comment on the Notice. We commend the Financial Industry Regulatory Authority (“FINRA”) for reminding members of their current
Summary
Several member firms recently notified FINRA that they have experienced email account takeovers (ATOs) while using cloud-based email platforms, including Microsoft Office 365 (O365). Attackers used compromised email accounts to defraud member firms by requesting fraudulent wire requests or stealing confidential firm information or non-public personally identifiable information (PII).
