With almost 50 years investing in the market including in sp futures I am appalled that such restrictions on my trading leveraged or inverse funds in an insult to my intelligence.
Please dont stop ability to trade inverse, leveraged, or so called complex investments. We are not as dumb as you think. Thank you big brother
I have spent the last year in classes three times a week to learn how to invest in stocks and trade options, hundreds of hours. I have the right and the knowledge to invest in any instruments I choose which should be my decision without interference with regulators. I have been using leveraged and inverse funds over the last year. I continue to learn and improve my skills. I am responsible for my
Dear FINRA, If you change the rules so late in the game it's not fair. It's not fair for investors and even more so for those already invested. If investors can't buy it, how on earth am I going to sell it? I have losses so I am not even going to profit just get back where I was. Somebody got that money I paid; don't I have the right to get it back? It works both ways...you
Reminder to NASD Members - Transactions with NASD and American Stock Exchange Employees
NASD members who carry brokerage accounts for NASD, NASDAQ, or American Stock Exchange employees are reminded of the need to promptly implement employees' instructions calling for duplicate statements to be provided to NASD. This requirement is set forth in NASD Rule 3090(a), which provides that "[w
(a) The term "ADF-eligible security" means an NMS stock as defined in Rule 600(b) of SEC Regulation NMS.(b) The term "Clearing Broker-Dealer" or "Clearing Broker" shall mean the member firm that has been identified in the ADF as principal for clearing and settling a trade, whether for its own account or for a correspondent firm.(c) The term "Correspondent
Comments: The notion of limiting my ability to trade leveraged ETF is horrifying. This is over-reach and Big Brother at its worst. It is not for you to decide my appetite for risk.
TO: All NASD Members and Other Interested Persons
On April 30, 1984, the Securities and Exchange Commission ("SEC" or "Commission") published for comment changes to the National Market System (NMS) designation criteria which by the National Association of Securities Dealers, Inc. ("Association" or "NASD") has proposed. If adopted, the effect of the changes
I use these products to hedge my portfolio. Don't make my life more complicated. Go after a real problem, like insider trading in congress.
The lack transparency that Hedge funds offer is astonishing, it allows fraudulent trading of securities with impunity! Short
