Dear FINRA, This attempted infantilization of the American public is a disgrace. The American dream is one of freedom. Freedom to make informed financial decisions to provide the best possible life for myself and my family. All of human knowledge is available for free online and yet somehow derivative instruments are so complex as to need regulation by the government? So only the elite can
Please do not restrict the public's ability to utilize leveraged and inverse ETFs as investment vehicles. These instruments provide investors with great methods to hedge portfolios, enhance returns, and fine-tune an investment portfolio.
I frequently use these types of ETFs to mitgate downside risks, target specific sectors, and hedge against market risks.
In my view, the public
Thursday, December 14, 2017
4:15 p.m. – 5:00 p.m. ET
FINRA is hosting a phone-in workshop and WebEx presentation to introduce the Cross Market Equities Supervision: Potential ATS Cross Manipulation and Cross Market Equities Supervision: Potential Auto Execution Manipulation Report Cards. These two new Report Cards are anticipated to become available on the FINRA Report Center in early January.
Executive Summary
The purpose of this Election Notice is to notify firms of the upcoming elections to fill vacancies on the FINRA Regional Committees, and the mailing of ballots to eligible firms.
As detailed below, the following seats are contested:
Midwest Region Committee, District 8 representative
North Region Committee, District 9 representative
South Region Committee, District 7
Fair Play. I don’t think a hedge fund should be involve in market maker ( conflict of interest) . Privilege to have first hand information. Short positions must be disclosed. Media should be regulated, they are not financial advisor. They can’t tell people what to buy or what to forget. And the most important. Laws and rules must be followed. Institutions must act accordingly , the employees of
I want to firmly protest the proposed restrictions on inverse trading being considered. Concise cautions for inverse funds are appropriate as is regulatory oversight to prevent fraud in their operation as should be applied to all financial instruments. In my dealings regarding inverse funds precautions are already supplied by the funds themselves and the brokerages like Charles Schwab that
Hello, I oppose restrictions to my right to invest. Regulators should not be able to restrict the public from investing. We investors are making informed and educated decisions based on market factors and the economy. It is rude to assume regular investors are not 'smart' enough to make their own decisions. It would be fundamentally un-American in all that is business to impose these
Dear Sirs and Madams: As a former managing director of a broker dealer I can tell you with certainty that regulations for leveraged and inverse ETFs are long past due. Although I have over 45 years of investment experience I was also ill informed about their characteristics and basically lost all of the money in my IRA which I luckily could afford. Now that I understand them I am profiting
The types of investments that could potentially be impacted by SEC Proposed Rule #S7-24-15 is lengthy and diverse, including Leveraged and Inverse Funds, and can legitimately be incorporated as part of a comprehensive investment strategy. These are publicly traded instruments and I am an experienced, educated, and informed investor. I should NOT need to jump through additional hoops to be "
I OPPOSE restrictions on the right to invest. In particular: All investors not regulators should be able to choose the public investments that fit their circumstances. Public investments need to be available to the public, not just those investors considered acceptable by regulators. Investors should not be vetted by regulators--through the passing of a test or other means--before being allowed
