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
This attempt at limiting my ability to invest and trade is outrageous. This is regulatory over reach that assumes we are unable to make our own informed decisions about our investment portfolios. Please consider that my family and I should be able to choose unfettered, which investments are best for us. We should not be burdened with a special and arbitrary process. Leveraged and inverse funds
It is common knowledge that markets are manipulated by large funds and privileged wealthy investors. Leveraged and inverse funds are the small investors way to level the playing field. People should have the right to make their own financial decisions. Information regarding risks is adequate to inform an investor who should take responsibility for their own actions. Passing a knowledge test does
Dear SEC, who gives you the power to impose, block or stop people from investing in the inverse or short position to the market? Before you did not stop Hedge Fund companies to leverage and rig the markets opposite way from traditional markets which always use to make investor money on the way up or just benefiting from dividends. Now that the market is actually starting to shake from over
I oppose the SEC Proposed Rule #S7-24-15 for the following reasons 1. It is a form of Central Control for the "government" to impose its judgement on investors about investment vehicles that play a key role in risk mitigation for portfolio managers. 2. It is way to impose additional costs on investors and barriers to market efficiency. When markets are made less efficient people will
FINRA and ISG Update Certain Electronic Blue Sheet Data Elements
An automatic retirement plan offers one or more features that require no action from you, the employee. The most common automatic feature is enrollment. These five tips can help you make the most of your company’s automatic features.
SUGGESTED ROUTING*
Senior Management
Internal Audit
Legal & Compliance
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On September 15, 1989, the Securities and Exchange Commission issued Release No. 34-27249 containing proposed
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
