If regulators want to prevent people from gambling, then restrict the worst first. start be preventing online sports betting. then prevent sports betting at casinos. Then prevent slot machines at casinos.
and if the wish to help small investors, make Robinhood and others disclose how much they are paid for "pay for order flow"
And if they wish to help all investors, make
I am an adult who should not be treated as a child. I should have the sole right to decide what investments I take part in and not regulators. I have started trading from scratch and educated myself very easily from the resources available to from my broker. I fully understand the risks I am taking and should have the right to take them without regulator permission or requirements. The PDT rule
As a short term tool, buying inverse ETFs can be very valuable, and can actually help traders achieve financial objectives that they can not either otherwise achieve, or would require the use of riskier derivatives. Obviously, assets do not always rise, so trading just the long side means forgoing potential profit when assets decline. Also, using inverse ETFs during declining markets acts as a
We appreciate you bringing the inverse and leveraged funds to our attention. We only use them occasionally because markets are up 2/3 of the time.
For short downtrends it is often best to wait until they are over, but in longer downtrends some money can be made.
Public securities traded should not have any special requirements for investing. These are public securities, after all. The proposed
I'm strongly opposed to any restrictions on leveraged/inverse funds. I feel I should be able to invest in these funds without passing a test, special approvals, or having "high net worth".
Every investor is able to decide for themselves and understand the risks of leveraged/inverse funds. Regulators should not be a part of that decision and should stay out of the
To Whom it may concern,
I have concerns about proposed rule #22-08. I am private individual who has been buying and selling stocks, futures, and options for several years, and who greatly appreciates my ability to add to and hedge my portfolio in any way that the market offers. For example, buying a small amount of an inverse ETF is a quick and easy way to hedge an overly long portfolio during a
You people should concentrate on regulating the markets so that corrupt politicians don't pocket all the cash. I am an investor in leverage funds, inverse index funds, and various short ETFs, some of which are risky. I am capable of deciding what to do with my own money. I am capable of assessing my risk tolerance. We the people don't need to be treated like babies. Some of my favorites
To whom it may concern, The know your customer rule, regulation BI and and the pending IRA rollover rules are sufficient to regulate investment options, advice and documentation regarding investment options, recommendations and relationships between advisors and clients. Putting further restrictions and limitations on clients access to investment products will disproportionately and negatively
Every share needs to be tracked. Every share should easily be accounted for and able to be located. If we are going to allow for share lending then only allow for the share to be lent once. Every order should be delivered T+2. If a fTD occurs there needs to be a steep penalty/fine ex: 10x cost penalty. Every short position should be updated with FINRA daily. Self reporting is a joke and
I strongly agree with proposed changes. We all want a fair market but it seems that big financial institutions and regulatory institutions are failing to provide that. First shorts should been reported daily. No dark pools since most of volume is trade there, and is not reflected on regular market. Fines should be increased to same amount that you obtained through illegal practices, because right
