Subject: Investors ability to trade "complex products" - including leveraged and inverse funds (L&I Funds).
Dear Regulators,
I am Kamala Chandrasekaran, 58 years old and I like to voice my opinion regarding your proposal on limiting access to Leveraged and Inverse ETFs (complex products).
Educated Investor: I like to inform you that I am an educated investor in the
The ability for the general public to invest in various types of financial instruments and vehicles should not be restricted, and doing so would be anti-American in spirit. Let us consider and example of why this the case: the internet has helped promote the democratization of information and provided an incredibly valuable resource for individuals to learn, communicate, share ideas, create art,
I have been trading levered products for over 10 years now and hope to be able to have the option of doing so unfettered by unnecessary restrictions/regulations in the future.
While I agree that there are investors/traders in the market that use these instruments that are not fully aware of what they really are, the same can absolutely be said about every other ETF type products available on the
Every share needs to be tracked. Every share should easily be accounted for and able to be located. If we are going to allow for share lending then only allow for the share to be lent once. Every order should be delivered T+2. If a fTD occurs there needs to be a steep penalty/fine ex: 10x cost penalty. Every short position should be updated with FINRA daily. Self reporting is a joke and
Hi,
Leveraged funds are a great investment tool when properly utilized in a portfolio. They can certainly boost performance of a portfolio. I invest in them and think everyone should invest in them. In fact, I think they should be allowed in professional managed 401K's. They provide the versatility to trade markets, up and down, and to hedge or boost investments. Additionally, one
To FINRA,
The United States has always thrived as a free economy, and if many of these complex products are made unavailable to the lower net worth or individuals not formally educated, it will only hurt the little man. How is a person who cant even make it past the $25,000 limit on day trading supposed to effectively hedge without using leveraged products or options? It is my personal opinion
re: Comment on Short Interest Position Reporting Enhancements and Other Changes Related to Short Sale Reporting To whom it may concern, the current structure and function of the American Equities Markets has, over a period of many years (& now on display for the whole world to see in the unfolding of the Meme Stock Scandal), been utilized to swindle trillions of dollars from The American
In regards to your proposed legislation to apply special criteria to investors who wish to trade in some leveraged or inverse funds. At the best, the proposed legislation is an additional burden to investors. At the worst is that it is discriminatory that shuts out small investors in favor of wealthy investors an private wealth or hedge funds. I currently have held one of these funds for over 11
Naked shorts, synthetic shorts, dark pools, all must go. Where is the fairness in trading on t Wall Street if the retail inverstors are at a disadvantage? There has to be more transparency on Wall Street, there has to be someone in charge who enforces the new regulations from SEC and FINRA, and reporting practices must be on a public level. Hedge fund and retail investor must have the same
In accordance with its regulatory responsibilities pursuant to Regulation NMS, FINRA is issuing a pre-quotation notice1 to advise that it plans to certify a new participant to begin using FINRA’s Alternative Display Facility (ADF) for quotation and trading of CTA and UTP listed securities on or after Monday, March 27, 2023, subject to regulatory approval and related announcements.
Once certified
