The proposed regulations to restrict individual investors' ability to buy leveraged and inverse funds are not acceptable. We do not need anyone to determine which investments we can consider and purchase. We are capable of doing the necessary due diligence and do not need your supervision other than to make sure we receive factual information.
Any investment available to some investors
As a long time investor the idea that I can not understand the risks of complex and leveraged funds is ridiculous. I regularly use these type assets to hedge against things like the current rise in interest rates and do not require the government to hold my hand while I use them. The market is not a FDIC insured bank account and investors are regularly informed that they can lose money and if
This proposal is just another attempt to restrict the options, retail investors have to invest in the market. Large institutions have always had a clear advantage, privy to information first, flash trading etc. Restricting retail investor's ability to short or long the markets using these types of vehicles is, once again giving the institutions the upper hand in playing in a field they
Comments: The leveraged and inverse ETF products offered by Direxion and certain other institutions include complete descriptions of the risks associated with these types of investments and frequent warnings regarding risk in the product descriptions. Direxion even offers comprehensive explanations and educational materials with detailed product information. It is very clear in the fund
Comments: FREEDOM TO CHOOSE should be the norm. in the market any and all financial products have risk embedded. the ONLY way a trader can make use of those products in a limited risk situation is by having correct and updated information that is really understandable to most, specially pointing extreme risk situations and by educating himself on how to handle risk with those products. so, my
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Subject - Petition to FINRA opposing FINRAs proposal to restrict / stop trading in Leveraged ETFs / ETNs
I submit that the current controls of my broker when any investor invests in any leveraged ETFs / ETNs are adequate.
1. Every investor when trades in Leveraged ETFs / ETNs mandatorily signs the Designated Investments Agreement that clearly states the risk & the qualification
I submit that the current controls of the brokerage company when any investor invests in any leveraged ETFs / ETNs are adequate.
1. Every investor when trades in Leveraged ETFs / ETNs mandatorily signs the Designated Investments Agreement that clearly states the risk & the qualification
requirements.
2. Every time the investor places order of any Leverages ETFs / ETNs, the system
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IMPORTANT MAIL VOTE
EXECUTIVE SUMMARY
The NASD invites members to vote on proposed amendments to Article IV,
2021 Report on FINRA’s Examination and Risk Monitoring Program (February 2, 2021)
This Report on FINRA’s Risk Monitoring and Examination Activities (the Report) is designed to inform member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations. For selected regulatory obligations, the Report: (1) identifies the applicable rule and key related
