The problem is not the rules... Rules are there already and you know as well as everyone else that the issue is that the rules are for thee and not for me. Enforce the rules that are on the books and stop not only the naked short selling but also the political hacks working for your agency and all throughout the financial industry regulatory authorities. Tell me... How much again did Pelosi make
This conference comes at an important time, in the aftermath of a very difficult period. If we look back to the summer and fall of 2008, every time we thought conditions in the financial sector couldn't get worse, they did, and we ultimately came to the brink of a global market meltdown.
Createathon, FINRA’s premiere innovation event, isn’t your average hackathon. Sure, there is a healthy dose of exploratory and rapid engineering in the name of problem solving, but this event is so much more.
America is founded on the principal of education and independence. As an investor, I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.
I should not have to go through any process or take a test before investing in any security. As long as we have regulations that financial
Regarding Notice #22-08. As an investor I responsibly use leveraged ETFs as an investment strategy balancing different asset classes for long term growth. I'm well aware of the large fluctuations and it's a non-issue because I'm educated on the way the ETF works. It would be highly restrictive for the SEC or Finra to remove an option that individuals can and do use
Leveraged and inverse funds have been a life-changing tool in my investment portfolio. Having access to leveraged and inverse funds has allowed me to increase gains during market rallies, as well as hedge my portfolio against multiple market corrections. I firmly believe investors such as myself should continue to have access to these valuable tools, without obstacles. Retail investors (and our
I as an educated investor want to make decisions on what I invest in. Public investments should be available to me and all the public not just the privileged.
I shouldn't have to go through any special process like passing a test before I can invest in public securities. I understand quite well what I am investing in when I purchase a leveraged or inverse fund. I understand the risk
I have been investing in these types of securities for a very long time especially if closed end funds are included in the list, it has been well over 20 years and I already understand the risks and have ridden through the crash of 1987, the tech bubble, crash of 2008-2009, etc.
I think these types of investments (leveraged funds, etc.) should not be any more regulated than they currently are
I hope this letter finds you well! Thank you for taking the time to consider retail investor's side of the disturbing issue that has recently been brought to my attention.
Securities such as SQQQ and TQQQ among many other leveraged and inverse funds should not be restricted from trading or limited to only a select group of traders. The financial system is already leveraged in favor of
After reviewing Regulatory Notice #22-08, I, who am a retail investor using leveraged funds for approximately 8 years, believe the concerns and educational requirements being proposed by FINRA to be justified and appropriate. I would like to differentiate between risk levels for various types of products. Leveraged ETFs tracking very large underlying markets such as S&P500, the DOW
