Investors have the right to invest their money how and where THEY see fit. It is NOT the government's right to determine whether riskier investments should be available, Freedom of investing and the ability to diversify through hedging and shorting should be the right of every individual, not just wealthier individuals who have many avenues in which to diversify and grow their wealth.
I'm not in favor of restrictions that punish intelligence and due diligence in order to protect ignorance. Making the system more fair with adequate enforcement against the bad actors that use detrimental activities to exploit and diminish shareholders equity would appear a much more effective approach to improving the systems performance. Naked short selling as an example.
These regulations on leveraged products have much less risk then directly shorting an issue or using leverage or futures. To prohibit them indicates that only the wealthiest have access to such vehicles. How about banning stock buybacks instead? They're used to keep the market crashing as dishonest insiders liquidate their fake companies and get rich.
Pushing unregulated crypto to the masses is nothing short of racketeering. I am a risk professional. Your industry has ZERO creditability in this arena. These products are the only thing protecting retail investors from the FED fueled, financially engineered, derivatives death star. FINRA's attempt at regulation is an indictment on the financial systems lack risk management.
Regularly Use inverse funds as a head to my portfolio. Usually 80% long and 20% short. (Inverse). Provides an excellent hedge to my portfolio. Limiting my Inverse allocation will put my portfolio at higher risk - all the sector in the market go higher every year? Change sector allocation once a year.
I am totally opposed to restrictions on purchases of leveraged funds as well as shorting. Stock holders should have the ability to choose what they wish to purchase. This should not be left us to regulators. Public investments should be available to all of the public, NOT just the privileged. Leveraged and inverse funds are important and should be a part of my investment strategies.
The staff granted an exemption from NASD Rule 2790 with respect to purchases of “new issues” by the National Railroad Retirement Investment Trust.November 9, 2006Marianne McKeon, Esq.Dewey Ballantine LLP1301 Avenue of the AmericasRoom 2544New York, New York 10019Re: Request for Exemption from Rule 2790Dear Ms. McKeon:This is in response to your letter dated March 21, 2006, as supplemented by your
So I can buy ridiculous options, yet I cant inverse through a diversified fund? This is ridiculous, and only gives institutions more leverage. Timing is interesting as well considering weve been in such a long bull run, now that the markets are volatile we get this notice!?
As a college-educated citizen of the United States, I am capable of understanding the investments Im interested in and their risks. These measures are unnecessarily restrictive and will harm people more than they help. I - not regulators - should be able to choose the right investments for my goals and public investments should be kept public.
The markets are rigged to the point where a retail investor can no longer rely on them. Between the abusive naked short selling and failures to deliver, it is nearly impossible for retail to get ahead in life. It is illegal for casinos to cheat, so why should market makers be allowed? Please end these practices.
