In regards for comments on 21-19 regarding short positions, here are my thoughts. * Every share should be tracked with unique identifier and should have the ability to be marked as lent out, unassigned/free, owned-lendable, or owned-not-lendable and be registered with a single central database to prevent duplication/ falsification of data. The ability to mark a share as owned-not-lendable shall
I am more than capable of choosing the publicly traded investment that are appropriate for me.
There is an abundance of easily available information on markets and the economy via the internet so that any reasonable adult can make adequate decisions on publicly traded investment funds, including leveraged ETF's.
Investing in ETF's, including leveraged funds is no riskier (and in
Update to Security Futures Risk Disclosure Statement and Supplement
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
TO: All NASD Members and Other Interested Persons
LAST DATE FOR COMMENTS: August 9, 1986.
The National Association of Securities Dealers, Inc. (NASD), is requesting comments on a proposed amendment to Section 2 of Schedule G of the NASD By-Laws. The proposed amendment would require NASD members to report transactions in listed securities executed between 4 p.m. and 4:30 p.m. Eastern Time to the
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
