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
As a reminder, effective today, FINRA has replaced digital certificates with Multi Factor Authentication (MFA) for access to the TRAQS website. All TRAQS users are now required to use MFA credentials to gain access to TRAQS and will be denied access to TRAQS if they have not converted.
The URL to access TRAQS is https://www.finratraqs.org
FINRA has produced a dedicated TRAQS Multi Factor
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
Effective Monday, April 19, 2021, FINRA will replace digital certificates with Multi Factor Authentication (MFA) for access to the TRAQS website and will also institute system infrastructure changes for TRAQS and the API reference data software. Beginning April 19, 2021, all TRAQS users will be required to use MFA to gain access to TRAQS and will be denied access to TRAQS if they have not
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
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
(a) Terms used in this Rule 6170 shall have the same meaning as defined in Rule 6220.
(b) Any ADF participant that is required to obtain, or otherwise wishes to use, more than one Market Participant Identifier ("MPID") for purposes of displaying quotes/orders or reporting trades through the ADF must submit a written request, in the form required by FINRA, to, and obtain approval
This is a vehicle for specialized trading
