Don't you dare. Keeping people out of opportunity will have radically negative effects. Its not fair or American in any way to restrict the public from obtaining assets they believe in. You can't keep pushing people so far, eventually violent protests or extreme action will occur.
The Best Execution, Outside Business Activities and Private Securities Transactions, Private Placements, and Reg BI and Form CRS sections of the 2023 Report on FINRA’s Examination and Risk Monitoring Program (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) regulatory obligations and related considerations, (2) findings and effective practices, and (3) additional resources.
Publication Date: February 23, 2023
Interpretations are marked in blue background beneath the rule text to which they relate.
17a-3 Records to be made by certain exchange members, brokers and dealers.
This section applies to the following types of entities: A member of a national securities exchange who transacts a business in securities directly with others than members of a national
Sales Practice Obligations for Commodity Futures-Linked Securities
(a) General Provision
(1) Each member required to join the Securities Investor Protection Corporation shall maintain blanket fidelity bond coverage which provides against loss and has Insuring Agreements covering at least the following:
(A) Fidelity
(B) On Premises
(C) In Transit
(D) Forgery and Alteration
(E) Securities
Leveraged and inverse ETFs provide me an opportunity to protect long-term investment of hard earned capital during natural shifts in market conditions, rather than try and time the market and sell long-term investments to later rebuy (a proven ineffective strategy). To buy protective options is considerably more risky, and cost-prohibitive. These ETFs allow everyday investors a clear manageable
Restricting use of leveraged and inverse ETF's is a step in the wrong direction. Individual investors need tools to help manage risk as much as industry insiders and the wealthy. I use them as a tool to hedge my portfolio. As the market retreated, I put a small percentage, about 2% - 3%, into some of these instruments to decrease my downside. The leveraged ETF's allow me to use a
ProShares is same as all other investment such as equities, options, futures, and Forex. They has it's own risk and reward. Restrictions on one asset is not fair. Investors should have the right and freedom to pick their investment; and should not have to go through any special process of test. I am strongly object.
Dear FINRA Although I am not a big and important investor, however I value my current ability to invest in as diverse a range of assets as possible. I do not request or want regulations to protect me, I will calculate and decide the risk. Therefore, please desist from considering restrictive regulations in any investment category.
Why should an investor use Leveraged Funds? 1) Better Outcomes: Yale professors did a study on the use of leverage on retirement investing from 1871-2004 (1): “By employing leverage to gain more exposure to stocks when young, individuals can achieve better diversification across time. Using stock data going back to 1871, we show that buying stock on margin when young combined with more
