(a) Quotation Requirements and Obligations
A member registered as a Registered Reporting ADF Market Maker shall engage in a course of dealings for its own account to assist in the maintenance, insofar as reasonably practicable, of fair and orderly markets in accordance with this Rule.
(1) Two-Sided Quote Obligation.
For each ADF-eligible security for which a member is a Registered Reporting
Why is it that politicians can invest with insider trading knowledge but you want to limit the average American investor
I do not agree and like their approach. It MUST be free trading WITHOUT any restrictions and available to ALL traders.
I oppose restrictions being considered associated with certain investment instruments, e.g., cryptocurrency funds. Various financial instruments are critical to portfolio diversification and risk mitigation. Commodities, precious metals, real estate, hedge funds, stocks, bonds, mutual funds, exchange-traded funds, annuities, insurance policies, trading on margin, short-sales, futures, and
As a retail investor, I find it insulting and disrespectful that FINRA could think that leveraged and inverse ETFs and other products are too complex for the retail investor to use and that you need to protect us from these products. I have used various leveraged and inverse products for many years and had made significant amounts of money trading with these important tools. If you remove these
Most people completely understand all the risks inherent in leveraged and inverse funds. Brokerages provide notices for people who do not understand them as a warning (which should be enough!) and it should be an investors responsibility to know what they are investing into. I hold a PhD and know the risks inherent in these types of investments and I think the proposed rule is unnecessary and
I am capable of understanding leveraged funds and their risks. I do not need these measures imposed on me. However, some better disclosure from the providers could be helpful to the public. Disclosures could include:
1) Predetermined plans for reverse and forward splits: "We will reverse split this fund if the value falls under $x.yz for a period of _________ days."
2) Better
It's just come to my attention that there is a proposal to impose restrictions on my ability to trade publicly traded securities that may come in the form of testing, having a certain net worth, getting special approval from my broker, having read certain materials or being subject to "cooling off periods" while investing.
I am an intelligent, volitional human being who
Why does FINRA contemplate taking up a "mother hen" position with respect to "complex products" such as leveraged ETFs? There are no guarantees with respect to any investment strategy, and it is easy to lose a fortune in any number of market instruments -- including standard stock and mutual fund trades.
If an investor does not have the knowledge or
To whom it may concern,
Leveraged and inverse ETF's are essential to my investment strategy. These products were vital to my portfolio when COVID decimated the markets in 2020 and similarly with the most recent market downturn due to inflation and Russian invasion of Ukraine. Leverage and inverse ETF's help hedge risk for individual investors. Individual investors are capable
