All investing or trading is an educated guess, it is all still making a bet on what stock, commodity or the market will do. If we were in Las Vegas it would be educated gambling. I have personally had JDST, JNUG, DUST and NUGT in my portfolio. I and others I know trade these types of investments, some doing it as day traders for at least the last 5 years. When the next recession hits, it would be
Having used leveraged long & short funds for several years I can honestly say that they have helped me make small capital gains while hedging against market volatility. During a recent Nasdaq sell off, losses in long stocks were compensated by the shares of SQQQ that I own. WTI oil has been volatile lately. Scaling out of UCO's as oil rises & simultaneously scaling into SCO
I have inverse funds in my investment accounts. They are a portion of the accounts, not the majority of the accounts. These funds bring some additional diversity and balance to my accounts. I am investing money that I have earned throughout my career, and I should be able to do that as I see fit without government regulation either adding needless tasks for me to accomplish or restrict my
Please do not restrict trading on leveraged ETFs
FINRA published the 2024 Industry Snapshot, the annual statistical report on registered representatives, brokerage firms and market activity that FINRA oversees.
TO: All NASD Members and Other Interested Persons
EXECUTIVE SUMMARY
The Department of the Treasury has finalized amendments to the implementing regulations of the Bank Secrecy Act. Also known as the "Currency and Foreign Transactions Reporting Act of 1970," these regulations govern the financial recordkeeping and reporting of currency and foreign transactions. The amendments, which
On November 5th, 2022, FINRA will be modifying the Statistics data on the OTC Transparency Data website to enhance the amount of information that is available to its users. Currently, there are two Statistics tabs, one each for ATS and Non-ATS data. Each tab contains aggregated share and trade counts for CTA, UTP and OTCE securities. Moving forward, the two tabs will be combined into one and will
Comments:please keep trading for this ETFS for private traders.
Please keep the ability to trade leverage ETF as is.
SUGGESTED ROUTING*
Legal & ComplianceOperationsTrading
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
Effective August 1, 1989, the requirement to report daily price and volume in non-NASDAQ over-the-counter equity securities ("non-NASDAQ securities") pursuant to Schedule H to the NASD By-Laws was extended to the entire
