The stock market is a crap shot. Volatility has increased tremendously since the DOWN TICK RULE TO SHORT was removed. Whether you buy a leveraged/ inverse fund or NETFLIX, AMAZON, or commodities, they all go up and they all go down. THATS THE GAME. Diversity isnt working now either with bonds AND stocks trading lower. Thats the game.
I understand that an unprecedented threat by regulators is being considered. The implications will be negative in a free market and this should not take place, I have been trading long and short term leveraged equities for many years, and feel it is my right to do so I know you can stop this intended regulations being considered by the Financial Industry Regulatory Authority (FINRA) Thank you
I getting tired of branches of government creating new ways of making life harder to get ahead. For retirement, short and long term investment and more. Every time something new trickles down to us common people to better ourselves you decide to regulate the hell of it. Making it harder to be able to do for myself and better protect my future outcome.
Cut out the babysitting. What part of free market is going over your head? Do something useful like preventing selling short more stocks than there are in the float. Do something useful like regulating corruption in businesses. Do not take my rights away because you were given the idea by a nice dinner with some lobbyists.
I should be allowed to make my own choices with my own money. I am capable of making my own decisions with regards to my investments. How can we discuss limiting access to leveraged securities yet let people buy cars at 20% interest or walk into casinos?
This, after we we are facing a potential bear market, sounds like you're just forcing us to lose money. If we lose money, do retail investors get bailouts? No. So why are being targeted? No one's even asking for this. You're acting against our interests.
I strongly support stricter reporting requirements on short positions held by market makers and prime brokerages. It is increasingly necessary that FTD information be presented to the public as a way of not only limiting abuse of the FTD system, but also to reveal obfuscated information that is not readily available to the market and is often times concealed or miscategorized in reporting.
I have traded these leveraged and inverse funds for many years. They should be available to all not select few. The test is just another unnecessary bureaucratic hurdle for people who can read and understand the risk. These funds are useful in short term trading as an overnight or 2-3 day vehicle that can be used with less leverage than a futures contract. Your consideration appreciated.
I believe as an experienced investor that I should be able to use leveraged funds to enhance returns on my portfolio or in the case of inverse funds to hedge and protect on the downside for my portfolio. If not allowed to choose my only option would be to open a margin account and use leverage open myself to possibility of margin calls or to potentially short a stock that has unlimited risk.
I oppose restrictions on the public's right to trade "complex" investments. I use leverage and inverse funds on a daily basis in my investment strategies. They are not hard for the average investor to understand. Adding red tape and complexity around these instruments is not in the investing public's best interests. I request that you reject these proposed rules.
