Investment interests for the public, that correlates to a "We the people," not a we who want to capitalize on the many few.
Let US invest for our public commodity especially for things that are being imported.
08-48 - Special Allowance to Permit Bulk Exchanges of Shares of Certain Reserve Funds
(a) Requirements for Public Offerings
(1) General
(A) No member or person associated with a member shall participate in a public offering in which the terms and conditions relating thereto, including the aggregate amount of underwriting compensation, are unfair or unreasonable pursuant to this Rule or inconsistent with any By-Law or any rule or regulation of FINRA.
(B) Any member acting as a
(a) Requirements for Public Offerings
(1) General
(A) No member or person associated with a member shall participate in a public offering in which the terms and conditions relating thereto, including the aggregate amount of underwriting compensation, are unfair or unreasonable pursuant to this Rule or inconsistent with any By-Law or any rule or regulation of FINRA.
(B) Any member acting as a
(a) Requirements for Public Offerings(1) General (A) No member or person associated with a member shall participate in a public offering in which the terms and conditions relating thereto, including the aggregate amount of underwriting compensation, are unfair or unreasonable pursuant to this Rule or inconsistent with any By-Law or any rule or regulation of FINRA.(B) Any member acting as
Summary
FINRA requests comment on a proposal to expand the alternative trading system (ATS) volume data that it publishes on its website to include information on transactions in corporate bonds and agency debt securities that occur within an ATS and are reported to FINRA’s Trade Reporting and Compliance Engine (TRACE).
Questions concerning this Notice should be directed to:
Chris Stone,
Comments: A leveraged ETF provides an investor to multiply capital short term without the use of margin. I agree it is not for every investor or everyday use. But removing the option limits participation which is wrong.
As an individual trying to save for retirement outside of my standard 401k, leveraged products allow me to form a more capital efficient portfolio. I believe more education is the answer, not removing tools.
I understand the risk of leveraged ETF/products and use them carefully. They help me get bigger returns with less capital. I should be able to choose what I invest in without having to pass tests.
Furthering the divide between groups of citizens that are allowed to participate in capital markets and those who aren't will ultimately destroy the markets as it's slowly ripped apart. This is not the way to protect retail investors.
