FINRA 21-19 is long overdue. Outdated short interest reporting policy has resulted in systemic risk to the integrity of US markets. While many of the policies mentioned in regulatory notice 21-19 generals address exploitable and ineffective reporting, they also have significant loop holes that would defeat the entire purpose of 21-19. It is critical for the restoration of stability in both the US
Regulating those kind of investment is no free market. We should be able to invest in what we want, this is our money we are talking about. I use a strategy called Hedgefundie strategy, which consist of 55% UPRO/45% TMF, and I need to rebalance quarterly to keep that ratio. My entire TFSA is in that strategy and if we can't buy any of them anymore, I will have to sell at a loss right now in
As an investor I oppose restrictions on usage of publicly traded leveraged and inverse ETFs. I use them in limited quantities when I see an opportunity to boost my returns in the short term. I do understand the heightened risks these instruments carry, and I take full responsibility for possible losses that I may incur when using these types of ETFs. Leveraged and inverse ETFs are important tools
Though reasonably well intended, new regulations that make it more difficult for retail investors to access sophisticated investing tools are the opposite of what free market investing should look like. In a time where equal access is of upmost importance, these proposed rules further the perception of inequality that is already a dark cloud in the mind of many Americans who avoid investing for
Dear sir or Madam, Although I appreciate the concerns for the well being of the citizens. I find more regulation on any investor infringing and destructive. I personally have a Ph.D. in mathematics. I spend great deal of of time assessing risks, creating models to make sure I am making the right decisions. Using leveraged funds is vial in leveraging, since you use a little bit of money to "
On October 2, 2023, FINRA will launch the new Fingerprint Program for Transfer Agents and Clearing Agencies (TA/CAs) as the SEC declared FINRA's updated Fingerprint Plan effective September 22, 2023. This Program outsources fingerprint processing to Sterling Identity (Sterling), the same FBI-approved channeler that processes fingerprints for broker-dealers on FINRA’s behalf.
The regulation being considered is yet another instance of lawmakers infantilizing citizens. This is wholly unacceptable and a clear violation of our right to choose public investments that are right for me and my family. Your incursion into this sphere is an affront to all. This isnt like driving, where being required to prove competence makes sense - because it impacts the public as a whole (
Why do we engage with scammers? What makes one person more likely to engage than the next? Of those that engage, what makes someone more likely to lose money? On this episode, we dig into the research on these important questions with three academics in the field.
Leveraged funds are a great tool for building wealth, especially for those of us without large amounts of capital to begin with.
There is plenty of peer reviewed academic research that using leverage when you're young offers increased risk adjusted returns.
There is also a MAJOR logistical issue in implementing this ban that would RUIN many people financially. Leveraged ETFs are volatile
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
