It is a free market. Individuals have the rights to trade within their financial capability.
FINRA announced today that it has fined BofA Securities, Inc. $24 million for engaging in more than 700 instances of spoofing through two former traders in U.S. Treasury secondary markets and related supervisory failures spanning more than six years.
I strongly oppose these restrictions to my ability to trade leveraged and inverse stocks.
This will negatively impact the trading capacity of younger, yet informed, traders such as myself.
It is limiting free trade. Why should regulators choose public investments?
I oppose any limitation on trading leveraged or inversed funds. It against freedom.
i would show my displeasure at the risk of not able to trade the leverage funds.
Comments: I am writing to voice my concerns that the FINRA is proposing limiting access to Leveraged ETFs. I have a strong understanding of the risks involved with L&I funds. I completely understand that L&I funds are for short-term trading and they must be monitored daily, even hourly on certain days. My brokerage firm provides me education, transparency and a risk disclosure
Shouldnt be regulating the retail buyers while congress is ripe with insider trading.
I would love to trade Proshare and this is should be a freedom for every stock traders
