Summary
FINRA will conduct its Annual Meeting of firms on Wednesday, September 1, 2021, at 10:00 a.m. Eastern Time in the FINRA Visitors Center at 1735 K Street, NW, Washington, D.C. The purpose of the meeting is to elect individuals to fill one small firm seat, one mid-size firm seat and one large firm seat on the FINRA Board of Governors (FINRA Board or Board).1
It is important that all
I am an individual investor that holds shares of ticker TQQQ and ticker UPRO. I am fully aware of the risks of these 3x leveraged funds, particularly the risk of how 3x daily negative returns can compound during bear markets and lead to quick losses when holding these funds. I am also fully aware of what a powerful tool these ETFs are in building wealth when used correctly as a part of a greater
I'm writing to register my concern over and strong opposition to proposed FINRA regulations forbidding average citizens from investing in leveraged and inversely correlated mutual funds.
Removing access to such funds will severely restrict the strategies I have used, for years, to hedge my securities portfolio and insure against economic downturns. These tools have allowed me to smooth
Greetings,
It has come to my attention that FINRA is considering new restrictions on the ability of the public to invest in leveraged and inverse funds. I'm writing to express my opposition to restrictions which would significantly limit the public's access to and ability to use these important investment tools. In my own experience, leveraged and inverse funds are very useful
An individual should be able to make their own choices regarding what their risk tolerance is and what investment vehicles they choose. Leveraged/Inverse funds are only a small portion of my portfolio. I use this type of an investment as a hedge to protect the rest of my portfolio as well as enhance my overall returns. Over the last 50 years that I have had an active portfolio of investments,
My brokerage firm required me to listen to a statement detailing the potential risks for options before I could start trading them. Since options can similarly be used to achieve leverage or inverse returns, I think this is a reasonable requirement for trading in leveraged/inverse funds. At the end of the day, higher expected return comes hand in hand with greater risk. If a given investor isn
Hello,
I feel it is extremely important to write to you regarding restrictions as to what my choices are to invest in. I should be able to choose the public investments that are right for myself and my family and those choices should include a broad spectrum of choices and not be limited by regulation.
Public investments should be available to all of the public, not just the privileged which has
The multi-week period following the end of each quarter when most public companies release their earnings reports is known as earnings season. Wall Street analysts, financial media and investors often eagerly anticipate reports from many major firms during earnings season and monitor how they might impact individual stocks and economy-wide narratives.
Regulating what I choose to invest in is not the choice of the government or it's regulators. I completely understand the risk of the investments I choose to invest in for my continued growth and wealth in the markets. Public investments should be available to all of the public not just the privileged few. Going through a special process and testing in order to freely invest into the
I'm 10-15 years from retirement as a senior business systems analyst for over 25 years, with an M.B.A. and B.S. Psychology (thus, understand stats, metrics, patterns, cause & effect), who's spent the past 5 years studying financial markets and investing research, primarily so that I can retire sooner or better, but also to better understand economics, markets and business.
