Comments: No. I don't agree with this proposal. Just shows that the market is biased towards institutions. If someone has 25k or more they should be able to buy whatever [REDACTED] they want and day trade if it has liquidity.
I am against any additional regulations on my ability to trade leveraged and inverse funds. I am fully capable of making my own decisions without you looking over my shoulder.
Please don't put any more regulations/restrictions on my public trading rights. It just makes the whole process more complex than it has to be. Remember the old saying KISS ! Thanks, Joe
To whome it concers.
Limiting publicly traded funds to only people regulators deem apropriate is an overstep. Traders are already aknowlging these funds are risky. But it should be the traders choice to risk those funds. Not regulators.
This is copy and pasted from a Reddit post but outlines exactly what I want to see to ensure all the cards are on the table. I also want something done about payment for order flow and people like Robinhood being able to sell me shares for more than NBBO. 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
I consider these proposed rules to be yet another abridgment of a citizen's right to do with his money what he chooses. I have half a century of experience in investing in stocks and bonds of all varieties. I learned how to do it the hard way, not by taking a test, but by self-study and experimenting with various instruments. I administered 2 employee pension plans as well as my own
Regulation, in almost every instance of its implementation has never been what it has been sold as. It is almost never to protect investors and almost always serve the self interest of those regulating it like a Trading platform removing a buy button from specific stocks.
There are thousands of sources of information for investors to research and understand these complex inverse ETFS. The only
please don't put more restrictions on trading leveraged or inverse fund. They should be available to the us (small investors) as risk management tool when market at extremes. They are helpful to me to manage risks.
Why should a knowledge person not be able to purchase these types of Pro Share? If its on the market to trade then anyone with knowledge should be able to do so or else de-list all these kinds of stock completely.
I have a high (I guess net worth) and have a lot of experience in trading stocks and options. Leveraged ETF's are very valuable to me. They are no more dangerous than any stock or etf . Thank YOU