I OPPOSE limitations on the investment. It is my right to buy leveraged and inverse funds like UltraPro and UltraPro Short funds. Public investments should be available to all of the public, not just the privileged. I understand leveraged and inverse funds and their risks. I use them to protect my investment and they are very important tools in my investment strategy.
I object to applying restrictive regulations to investors trading in ETFs that are leveraged to 2x or 3x. The same for those ETFs that are reversely indexed. The reverse investment ETFs are an especially convenient and efficient alternate to the "shorting" of stock trades. Do not differentiate between leveraged or reversed ETFs and the usual form of ETFs. Simply leave a good thing as it
Synthetic shares need to be penalized and/ or outlawed. Additionally, dark pool trading needs to be stopped. Brokerages that constantly short stocks should be required to reconcile at market value no later than 15 days following the first FTD prior to being allowed to trade openly on that stock.
To whom it may concern, As a retail investor, I believe transparency is vital to a fair and efficient market. I think it is unlawful for a company to be shorted more than 140% of its float. In no other industry can you sell 140% of a product legally. It is important that this is taken seriously as the integrity of the market is at stake.
2006—2007 Filing Due Dates
NASD would like to remind members of their obligation to file the appropriate FOCUS reports, Schedule I filings, Annual Audits, Customer Complaints and Short Interest reports by their due dates. The following schedule outlines due dates for 2006 reports that have 2007 due dates, and for 2007 reports. Questions regarding the information to be filed can be directed to
I have owned shares of ProShares inverse funds for several years while mistakingly expecting a major drop in the stock markets. I will be very upset if my shares are eliminated by FINRA and I must take a large loss instead of recovering some of my investment when the markets finally correct. Shorting the markets is a legitimate thing to do.
Investors have the right to invest their money how and where THEY see fit. It is NOT the government's right to determine whether riskier investments should be available, Freedom of investing and the ability to diversify through hedging and shorting should be the right of every individual, not just wealthier individuals who have many avenues in which to diversify and grow their wealth.
These regulations on leveraged products have much less risk then directly shorting an issue or using leverage or futures. To prohibit them indicates that only the wealthiest have access to such vehicles. How about banning stock buybacks instead? They're used to keep the market crashing as dishonest insiders liquidate their fake companies and get rich.
Pushing unregulated crypto to the masses is nothing short of racketeering. I am a risk professional. Your industry has ZERO creditability in this arena. These products are the only thing protecting retail investors from the FED fueled, financially engineered, derivatives death star. FINRA's attempt at regulation is an indictment on the financial systems lack risk management.
Regularly Use inverse funds as a head to my portfolio. Usually 80% long and 20% short. (Inverse). Provides an excellent hedge to my portfolio. Limiting my Inverse allocation will put my portfolio at higher risk - all the sector in the market go higher every year? Change sector allocation once a year.
