The ability to invest or trade using Inverse and Leveraged ETFs is critical to my ability to make gains. Especially when the government has the ability to completely destroy gains in the stock market through the Fed's money printing schemes, we individual investors need some way to go short on the market when it is prudent to do so. Just going to cash won't cut it either, since the
The proposed regulatory changes are embarrassing - to FINRA and the SEC, and an insult to investors. I should be able to make investments in the targeted public securities that I believe are in my (and my family's) best interests without going through a special process. Further, given all the extreme movements in individual stocks recently (Gamestop exemplifies), why limit the initiative to
I am totally opposed to the Proposed Rule #S7-24-15 for the following reasons: 1. I am a small investor that has invested in leverage funds for greater than 20 years and am quite capable of understanding the risks of using leverage funds. In fact, I find it offensive that a regulator would question my knowledge of the market by using some gimmick like passing a special test related to my
I very much disagree with the idea that an unelected bureaucracy, however laudable its motives might be, should be telling ME what publicly traded investment I can buy, is outrageous, and totalitarian. One can clearly see that ordinary people are often better able to see value than are so-called experts. And if an ordinary person , like me, screws up based on faulty logic, so be it. On the other
Leveraged and inverse funds allow me to gain exposure to leveraged and short positions without having to take on leverage myself. I use inverse ETFs to hedge my long positions and to express a bearish view on the market. QQQ is down roughly 20% YTD, but I have been able to hedge my long stock positions and profit from this decline through the PSQ, the inverse of QQQ. I do not want to take on
The state of the United States financial markets is a disgrace in no small part due to egregious abuse of short selling. Skirting of the current rules and regulations is commonplace and the penalties of such behavior, even when caught, are laughable given the profitability of such behavior. Both the prevention of this criminal activity and bolstering of punishment for said activity must be
FINRA 21-19 is something this country has needed for a long time -- financial institutions, hedge funds and the like need to be better regulated. I didn't know a lot about the market before this year, but what I have learned is that there are too many loopholes, and a lack of enforcement of existing regulations, that allows big players to make money at everyone else's expense. Synthetic
Distributed Denial of Service (DDoS) Attacks on Member Firms
There needs to be more regulation on Overall market transparency. Otherwise the system is always going to be rigged. Things such as dark pools, payment for order flow, and short interest reporting latency, all make the perfect bed for abuse in the general market. Not even mentioning algorithmic trading. Also why so can be both a market maker and a hedgefund. I mean come on that’s just ridiculous
I am writing to oppose restrictions on leveraged and inverse funds. Both of those funds allow investors to engage in investment strategies that is already allowed in an efficient manner. For example, Regulation T margin and portfolio margin offered by brokers already allows significant leverage and an inverse fund could be implemented by shorting the underlying security. What both leveraged
