I fully support this effort to improve short interest enhancements. When bad actors are allowed to create a synthetic share out of thin air through dishonesty and illegal activity, they pose the potential to put the entire financial system at risk. If "market makers" are allowed to break rules, including the creation of millions of fake shares, they are given the power to destroy
My comments are as follows: 1. The T-2 settlement period needs to changed to a T-0 or T-evening (the day of). The fact that retail investors have to wait two days, whereas institutional investors don't, violates a free and fair market. 2. Eliminate the loopholes and gaps in the rules that allow institutional investors to wait until T-35 and beyond to settle FTDs. For an example AMC and GME
Young investors like me have very good understanding about investments. Leveraged and inverse funds help protects us during volatility of stocks. Covid-19 pandemic stock crash proved this. So, please allow trading without restrictions.
Dear FINRA,
I am having a difficult time understanding why you may want to regulate complex investments. Ive been a stock and ETF investors for years. A core part of my investment strategy is the use of Leveraged and Inverse ETFs.
I prefer these instruments over options as options 1) have expiration dates, 2) are manipulated with changing spreads based on volatility and lastly 3) are more
I am an individual investor that holds shares of ticker TQQQ and ticker UPRO. I am fully aware of the risks of these 3x leveraged funds, particularly the risk of how 3x daily negative returns can compound during bear markets and lead to quick losses when holding these funds. I am also fully aware of what a powerful tool these ETFs are in building wealth when used correctly as a part of a greater
Thank you for taking the time to read my concerns. It is important that individual small investors not have their rights of financial self-determination impinged by regulators. All investors need to be allowed equal footing from which to operate. The super-wealthy should not be granted the privilege of having tools available, which protect and hedge other investments that the small investor
I think imposing restrictions on exchange traded funds is a bad idea. I don't like the idea that I should have to jump through hoops to put a few bucks into an ETF. I guess if you do this it might pay to start sticking my money under the mattress.
TO: All NASD Members and Municipal Securities Bank Dealers
ATTN: All Operations Personnel
The schedule of trade dates/settlement dates below reflect the observance by the financial community of Martin Luther King, Jr.'s Day, Monday, January 19, 1987. On Monday, January 19, 1987, the NASDAQ System and the exchange markets will be open for trading. However, it will not be a settlement date
Trading should be done in the light. The markets need transparency. There is so much manipulation in the darkness that confidence in the market suffers. Penalties should be a deterrent rather than just a cost of doing business.
I am disappointed that these onerous regulations are being imposed upon me. I have not harmed anyone with my trading of these investments. I think it is insulting and patronizing that FINRA would impose these restrictions. I think it is unfair that my access to these investment products may be restricted. And for what reason? I've been using leveraged funds for years, and while I
