Compass Capital Corporation appreciates the opportunity to comment on Regulatory Notice 22-08 published by the Financial Industry Regulatory Authority (FINRA). We support FINRAs investor protection mission and commend FINRA for reminding members of their current regulatory obligations. However, we are deeply concerned that FINRA is considering a series of radical and unprecedented regulations
We should have the right to invest in whatever asset we choose without these type of restrictions by FINRA. Also why do I need to take a test to be able to invest? I understand the risks and have done my due diligence. Leverage and inverse funds should be treated like any other asset or fund. These potential restrictions are not logical.
Leveraged ETFs can be a key part of an investors asset allocation. They allow educated younger investors, such as myself, access to margin in a safe way. When used responsibly in conjunction with an age appropriate asset allocation, they can boost risk adjusted returns. I have seen no evidence they are being abused and think it would be wrong to limit their access.
Dear FINRA, 5-6-22
I am a private investor who has been investing in the markets for the last 40 years, and have been successful using inverse funds, to include SH, PSQ, DOG to hedge against volatility, and frequent downturns in the markets. I do not think any regulator will be able to know more than I do about my own families personal financial situation. Passing a test first, seems
To the Financial Industry Regulatory Authority:We appreciate that FINRA is soliciting comment on how to modernize its regulatory framework in light of workplace evolution and technological change. While the opportunity to provide feedback is welcome, the timing of this initiative, coinciding with shifting political winds and broader deregulation narratives, raises serious concerns. There is a
Testimony Before the Committee on Banking, Housing, and Urban Affairs
SUGGESTED ROUTING
Legal & ComplianceOperationsSystemsTrading
As of December 27, 1993, the following 90 issues joined the Nasdaq National Market®, bringing the total number of issues to 3,472:
Symbol
Company
Entry Date
SOESSM Execution Level
INSL
Insilco Corporation
11/29/93
1000
WVFC
WVS Financial Corp.
11/29/93
1000
ASH
Airport Systems International, Inc.
11/30
Leveraged ETF/ETNs pose risks that some retail investors do not understand. As such, broker-dealers should conduct due diligence before allowing customers to purchase Leveraged ETFs. However, such due diligence should be similar to that of mid-level options trading authority. My advisory firm is in the process of launching a hedge fund which utilizes Leveraged ETFs as a part of a risk-managed
I am a regular investor with goals and aspirations. Why can't I invest a percentage of my assets in leveraged funds? Why do you think this a privilege is just for the wealthy? Please do not think you are protecting me. Instead, you are holding regular people like me back from investing in assets that we believe will improve our investment returns.
Here's what we need: FINRA is dedicated to protecting investors and safeguarding market integrity in a manner that facilitates vibrant capital markets. Every investor in America relies on one thing: fair financial markets. To protect investors and ensure the market’s integrity, FINRA is a government-authorized not-for-profit organization that oversees U.S. broker-dealers. We work every day
