Hello, In regards to the Regulatory Notice issued by the Financial Industry Regulatory Authority (FINRA) on March 8, 2022, I would like to express my concern as to the potential limits this rule will impose on some investors for buying and selling of the leveraged and inverse funds or other products deemed to be complex in nature. I regularly use these products as a focal point of my trading
March 2022 Options Disclosure Document
I would like to submit a public comment on possible restrictions on my right to invest in public investments. Especially leveraged and inverse funds.
By way of introduction, I am 60 years old, and make most all of the financial decisions in my household. I am an active investor in stocks, funds, bonds, emerging markets, and crypto. Basically, I trade in multiple and varied securities, and run
I completely oppose restrictions on any leveraged ETFs for retail traders. This is our money and we demand the right to choose how we invest and trade. Are you going to restrict our ability to buy and sell options soon? Or how about simply prevent people from even trading stocks? Are you going to force us to put money in CDs only? One thing leads to another. The absurdity of preventing
The public should have the unfettered right to invest at will in inverse funds and leveraged funds and other market traded vehicles. There should be no special training or net worth gates applied.
The insiders, inside firms and big brokerages already have huge advantages in speed, concealment of trading in dark pools, and the ability to short investments easily.
The general public should be able
I oppose further regulations to public investing. It is my humble opinion that instead of trying to implement radical and unprecedented regulations to restrict public trading that you focus your time and energy on educating the general public. I believe the regulations proposed by Rule #22-08 will help continue the current trend of the rich getting richer and the poor getting poorer. I have been
I strongly object to the idea that an investor must go through a special process (like passing a test, special approval, etc.) in order to invest in public traded investments. Leveraged funds are important to my investment strategies. It allows for methods to hedge against losses and take advantage of opportunities created by these types of instruments. Currently there are protocols in place that
It has come to my attention that FINRA is considering further regulating certain leveraged and inverse ETF funds by placing additional requirements on who may trade them. As someone who has traded in stocks, bonds, mutual funds and ETFs for nearly 30 years for my own portfolio and 3 years as a Series 6 and 63 Registered Representative, I oppose such a restrictive move as a dangerous overreach by
Whatever information big institutions cane get should be available to all trader. It is fair market. Anyway to limit The trading right if average people poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for
Hi Finra, the american public should have the right to invest in leverage funds. I use them to trade commodities, indexes and where I have a long term position I use them to hedge my position. If you don't make these funds available, you will force investors to go to options, which are much harder to trade with. I think the FInra issue is that leveraged funds should not be held for the
