Regulators should not be allowed to identify correct investments for myself and my family.
Testing that permits individuals to invest in public securities should be prohgibited.
I do not wish the govenrment or a regulatory body to pick 'winners' and 'losers' among publicly traded securities.
Edward Lerp Jr.
I understand the risks and benefits associated with leveraged ETFs and they are a part of my overall investing strategy.
Not being able to continue to implement them in my investment policy would be a detriment to my financial success. Please do not impose harmful limits on placing/making trades of this nature.
I wouldn't be investing if it wasn't for ETF's. They are great for day trading 10k dollars. I should be allowed to take a 3x risk in order to get a 3x reward. This regulation directly attacks the small retail investors and helps gigantic hedge funds. The stock market is for everyone. This is America!
In USA everyone must have freedom to invest anyway they like, we dont need FINRA to block trades under the disguise of protecting investor. As investor everyone should understand risk of losing money, its individuals responsibility not some Government created entitys.
Do not allow options mechanics or trading between parties to hide short positions. Also, make short positions greater than 2% of a stock’s outstanding shares public knowledge and require reporting in filings.
(a) Procedures for Reviewing Transactions
(1) An Executive Vice President of FINRA's Market Regulation Department or Transparency Services Department, or any officer designated by such Executive Vice President (FINRA officer), may, on his or her own motion, review any over-the-counter transaction involving an exchange-listed security arising out of or reported through a trade reporting
(a) Procedures for Reviewing Transactions
(1) An Executive Vice President of FINRA's Market Regulation Department or Transparency Services Department, or any officer designated by such Executive Vice President (FINRA officer), may, on his or her own motion, review any over-the-counter transaction involving an exchange-listed security arising out of or reported through a trade reporting
Comments: I am not confused on these inverse and leveraged products. I know how they work and like trading them without having to worry about the risks about losing more on margin. It allows better participation from retail traders who are educated on the risks and rewards of these products.
I periodically use inverse mutual funds and ETFs to my advantage. I have a high net worth, and over 25 years experience trading. I do not need the SEC to restrict or control my access to any investments. I clearly understand the risks, and use ETFs appropriately.
This is severely troublesome. I, Brent Rusinoski rely on free trading including inverse stocks because I actually invest hundreds of hours of research and willing to lose everything so I can potentially make a profit. Who are you to tell me I can or cannot do such a thing.
