I oppose putting limitations on complex products. This gives us the investors the ability to diversify when markets are week and strong. This would be a big detriment to the trading and investing community.
I oppose any repugnant governmental regulations regarding my right as a free citizen to trade shares of Proshares. Arbitrary government restrictions is NOT reflective of a free market economy.
SUGGESTED ROUTING
Senior Management
Internal Audit
Legal & Compliance
Municipal
Operations
Syndicate
Systems
Trading
Executive Summary
Securities and Exchange Commission (SEC) Rule 15c6-1, which establishes three business days as the standard time period for settling transactions in most securities (T+3), is effective June 7,
I am regular day and long term investor and I can understand the costs for trading leveraged and inverse funds, so please do not take away our rights.
SUGGESTED ROUTING:*
Senior ManagementLegal & ComplianceOperationsTrading*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On March 1, 1991, the SEC approved an NASD proposal to amend Schedule H to the NASD By-Laws to eliminate the current reporting thresholds of $10,000 or 50,000 shares so that the reporting requirements of Schedule
I strongly object to the proposal to regulate my access to publicly traded funds. I take responsibility for educating myself regarding the investments I make and for the success or failure of those investments.
I am not a high net worth individual but I understand these investments and have invested successfully in them for years.
I see no reason to hinder my ability to freely trade in these securities.
Rule 1. All short sale shall be reported to finra by end of each settlement day. Rule 2. Finra shall make public report the day to day short sale by end of settlement day or the trading week. Rule 3. All unused loaned shares shall be reported to finra by end of settlement day. Rule 4. Finra shall make public the outstanding unused loaned share by end of settlement day of a trading week. Rule 5.
The regulators should govern via guidance and not try to rule. The investors in the market understand the risks involved in trading of Leveraged and inverse funds and do not need to be regulated as suggested.
It should be my decision if I want to trade in any public investments not the regulators, nor that I have to go through a special test. These investment should be for everyone not only for the privilege.
