I do not believe regulators should be the deciding voice on what is and is not appropriate investments. Ensure proper disclosures to the investor should be required but not picking and choosing investments.
I oppose the restrictions trying to be imposed by FINRA related to FINRA Regulatory Notice #22-08.
It should be my decision to choose the public investment that is right for me. Public investments should be just that, available to the public not just the privileged. Leave the publics rights alone and allow us to choose what is the best investment for ourselves. I shouldn't have to go
I'm a fiscally responsible trader. Preventing people from openly trading due to irresponsible gamblers only harms people like me.
For sophisticated investors there is clearly a space inverse and levered products. Considering the very high trading volume in SQQQ and TQQQ there is clearly an active and liquid market for these products.
Inverse funds are one of a limited options to protect portfolios, also leveraged products can be a good option for short term investing.
I am a retail investor and use leverage ETF selectively to make to increase the beta of my portfolio when I have conviction on market direction. I understand the risk and rewards.
The risk of an investment in ARKK or BITCOIN or China is far greater than a 2X S&P 500. Should these also be regulated?
Every time I purchase a leverage product a disclosure pops up of the potential risks
Although I understand to some degree the desire to prevent people from suffering considerable financial losses, I believe this is a wrong approach. Our representatives should not be using legislation to parent the general population as in the "nanny state". It is my choice to invest in riskier investments. At most, if a person interested in buying riskier investments such as
In observance of Memorial Day, FINRA’s Market Transparency Reporting Systems will be closed on Monday, May 30, 2022. Affected applications include:
Alternative Display Facility (ADF)
Over-the-Counter Reporting Facility (ORF)
Trade Reporting and Compliance Engine (TRACE)
FINRA/Exchange Trade Reporting Facilities (TRFs)
As stated in the data feed interface specifications, FINRA
I would prefer to make my own financial decisions instead of being guided by regulations. I understand that those decisions may be risky, and the risks are mine to bear. Thank you.
The proposed regulations are, quite frankly, stupid. Leverage is easy to understand, and while it carries risks, it would be exclusionary and harmful to prevent people from investing in a basic public security that happens to be leveraged. Such regulation is inconsistent with the risks and benefits I already accept as an adult. There is not regulation to prevent me from spending $20,000 of my own