Why is it that the government thinks they know what's best for me and I don't. In a country that is rapidly losing the basic freedoms promised to us, now you want to take away my financial freedoms. Inverse funds help me protect capital during periods of turmoil, high inflation, geopolitical risks, and government overspending, to name a few. Leveraged funds allow me to hedge my
During my 40 plus years of trading and investing for both short and long term profits, I utilize both leveraged and inverse trading vehicles to balance my families portfolios in volatile markets. These are important vehicles which provide that investment strategy in balancing market action.
Regulators should NOT interfere nor have the authority to select/provide what investments are available to
ProShares offer a choice to investors. Disclosure of risks associated with ProShare's ETFs are well documented. Communication is regularly provided and easily reviewed by the public at large. Introducing illiquidity to the marketplace does not benefit existing shareholders and rather hurt small investors like myself. I currently invest in leveraged funds to take advantage of short to
I am totally opposed to any restrictions on the freedom to choose what securities I'm allowed to buy. If protecting the public from excessive risk is the goal, then there are overwhelming categories of securities that Regulators would have to restrict. We would have not a free market but a restrictive one. It is the individual's responsibility and right to determine how much
Comments: At every step along the way of purchasing a leveraged ETF or ETN asset, it is very clear that these products should be held for short term active speculative purposes. Every website you go to when researching the products immediately warns traders about the dangers of beta decay due to long term holding of such assets. I would argue that the risks associated with trading leveraged ETFs
FINRA should not impede retail traders. FINRA should instead regulate institutions to prevent them from taking too large positions all on one side as seen with so called "meme stocks". Institutions all have the same information, they all bet on the same side of futures and create volatility far in excess of their ability to cover positions. Through this practice of
Having been a retail investor for over two decades, I only recently discovered the extent of market manipulation really going on behind the scenes. I applaud your organization's proposed changes. Specifically I believe the markets would benefit from public dissemination, in real time, the short positions, dark pool flow, and FTD's. I personally would go further, requiring a responsible
Something I haven't seen mentioned much lately is the use of dark pools to hide and manipulate trades. It has become far more of a common practice for short sellers to utilize dark pool exchanges to manipulate securities. To add to my early comment about transparency, dark pools need to go away. I can't believe that this practice is actually considered legal in what is supposed to be a
Hello, Thank you for opening this to comment. My only comment is that I second all of the comments regarding our markets being rigged. Please listen to retail, because without us (and we’re rapidly losing faith), even Citadel won’t be able to make markets. Be on the right side of history and protect our markets from not only 100%+ short positions, but more importantly, off-exchange trading via
Every large institution, hedge fund or bank should have to report their short position(s) immediately and made public. The time is takes for market makers to cover failure to delivers on the thresh hold list needs to be reduced from 13 days to 5 days. All failure to delivers should be reported 3 days after a trading day. The penalty for creating synthetic shares should be the same as creating
