Seeing new regulatory rules and requirements is a good step, however they are only as powerful as their own enforcement. FINRA is apparently aware of PFOF, naked shorts, dark pool trading (of up to 89% total daily volume), etc. The rules recently put in place, as well as this request for comment(s) make this obvious. However, the retail investor trades continue to have minimal effect on actual
With all due respect "reporting" is a small part of the shorting problem. While I support more immediate reporting requirements, the issue is naked shorting, mislabeling of shorts (as longs), and other shorting malfeasance being used by market makers (i.e. Citadel and Virtu) to manipulate market prices and destroy market integrity. Fines are also the biggest joke. Citadel has been fined
We can start with better transparency. The simple fact is that there are systemic issues with the creation of shares to borrow based on future volumes, failures to deliver, and shorting in general. While appreciated, and needed, the solutions to these do not lie in the resolution of transparency alone. Removing the capability to generate future transactions to borrow from, use for offsetting
Sir/Madam,
I would like to let you know that I like to trade leveraged ETFs. I don't want my options to be restricted.
Thanks,
I primarily use leveraged ETFs for my swing trading strategy. This is an easy way of making additional basis points on my account.
The products really aren't that complicated. It's a slower moving trade that gives similar leverage compared to futures. Just a trading/hedging vehicle.
Decisions about investments should be mine, not regulators. Investing in publicly traded funds should be something that everyone has equal access.
The leveraged and inverse funds give the non-professional traders the opportunity to cushion our investments by trading when the market is both rising and falling.
i love the use of leveraged etfs. i find them much safer than trading individual stocks that can implode and never recover
I'm very unhappy with Government deciding what I can and can not invest in.. The Bigger concern of mine is Insider Trading by Government officials.
