(a) For purposes of the Rule 6300A Series, unless the context requires otherwise:(1) "Exchange Act" or "SEA" means the Securities Exchange Act of 1934.(2) "Designated securities" means all NMS stocks as defined in Rule 600(b) of SEC Regulation NMS.(3) "Member" means a broker or dealer admitted to FINRA membership.(4) "Market Maker" means
I am writing to the FINRA to express my concerns about proposed restrictions that would inhibit my ability to freely invest in leveraged and inverse ETFs.
I am an adult and I am able to make trades of my choice.
I dont want to have to endure going through any draconian measures imposed upon me or my family members before buying a leveraged or inverse ETF.
I have traded ETFs of this nature in the
Beginning January 31, 2022, FINRA member firms will access the Participant Data Management System to perform the following functions for the TRACE, ORF and ADF facilities:
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Ladies and Gentlemen,
As a retired RIA and portfolio manager who spent more than 25 years managing assets and advising private clients, I object to FINRA's Notice #22-08 proposing to limit access to leveraged and inverse ETFs. While there will always be a handful of novice and unsophisticated clients who may harm themselves by trading financial instruments they don't fully
I'm concerned that I won't be able to increase my family's ability to invest in 2x, 3x, and even 4x funds. They are about the only game in town for individual investors who don't want to mess with the games of options trading. They take no more time to learn to use than any other type of investing. AND, YES, I DO know what I'm talking about. I
Regulators should stay out of choosing what types of publicly traded investments are right for market participants.
Public investments should be available to all market participants, not those deemed "worthy" by regulators.
No one should have to take a test in order to trade a leveraged or inverse ETF.
Leveraged and inverse funds are important for portfolio strategy,
I believe investors should be able to choose what investments that they want to invest in. I used these investments as a hedge for my portfolio. I do think that the acknowledgement of risk and investment experience should play a role in whether investors can invest in leveraged products, but the approval process should be similar to the process for getting approval to trade stock options. It
I oppose limitations on my investments of Leveraged and Inverse ETFs. It is patronizing to think these investments are complex. We investors understand the risk and we can make our own decisions on trading or not! And to even propose only high net worth investors should trade it is ridiculous; what you are trying to do is to only let the rich profit. It is segregationist and against our American
I believe i should be able to choose the public investments that are right for me. Public investments should be available to all of the public and not just the privileged.
I shouldn't have to go through any special process
before I can invest in public securities. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.
It is my right to be able to purchase whatever financial assets I choose. My lack of money should not prevent me from participating in the same market as institutional investors. Institutional investors already face minimal regulation and are free to do whatever they would like, while retail investors are banned from day trading. Payment for order flow makes the issue even worse as only big
