I own/invest in leverage or inverse funds to maximize my returns over a shorter period of time. The benefits of investing in these funds allow me flexibility, to place trailing stop limit orders & grow capital appreciation over time. I purchase leverage or inverse funds on my own, usually using Schwab or Fidelity.
The ability to purchase funds independently like this is extremely
I vehemently oppose restrictions from Regulators such as FINRA whom I consider bureaucrats to limit my ability to invest in Leveraged ETFs. I have utilized 3X Leveraged ETFs for over a decade with tremendous success that has enabled me to amass millions in capital gains and has allowed me to retire comfortably. I do not want an investment "nanny" to tell me how I want to
I am vehemently opposed to restrictions on my right to invest in leveraged instruments. These leverage instruments help to hedge my portfolio. These restrictions are contrary to open markets and capitalism. It should be up to the investor to research and understand risks and not the nanny state! The investor and not the regulator should be the one to determine what kind of investment is right
I oppose the legislation in the proposed rule #S7-24-15. I like the ability to invest in leveraged funds, specifically SQQQ. When the market indicators show that the markets, in this case the Nasdaq Composite, is going to go through a contraction, funds like SQQQ allow me to realize a greater return with less capital. Funds such as SQQQ help level the playing field for other investors that do not
Proposed Rule Change to Adopt FINRA Rule 3210 (Accounts At Other Broker-Dealers and Financial Institutions) in the Consolidated FINRA Rulebook
SEC Approves Amendments to TRACE Rules and Dissemination Protocols to Disseminate Rule 144A Transactions in TRACE-Eligible Securities and Related Fees
Sec. 11.1 FINRA shall be the sole stockholder of the capital stock of FINRA Regulation.
Amended by SR-FINRA-2009-020 eff. Aug. 20, 2009.
Amended by SR-NASD-97-71 eff. Jan. 15, 1998.Selected Notice: 09-39.
Melvin Capital complaint - lack of reporting regarding naked short positions leading to chart manipulation through darkpools. I hope something is done about behavior indicative of intentional malevolent chart manipulation by hedge funds developing bad risk analysis putting the broader markets in jeopardy by aggressively naked shorting stock with little regard for who's money they are putting
Please note I've been investing with 3x leveraged ETFs (e.g. TQQQ) for over two years with no concern about the volatility of these instruments. The math should be simple for most people .... if 3x the underlying security, then invest only 1/3 of assets to obtain equivalent volatility of underlying security. This has proven to be beneficial since more funds are available to invest in
To whom it may concern,
I am strongly opposed to any further regulation/restriction on my ability to invest in the vehicle of my choice by my government regulators. Inverse and/or leveraged funds are very useful instruments for investors in many asset classes and wealth strata. They should not be reserved for any particular clientele. That is the purpose of the available mutual funds and ETFs
