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
TO: All NASD Members and Municipal Securities Bank Dealers
FROM: All Operations Personnel
"Regular-Way" transactions made on Monday, October 10, Columbus Day and the days immediately preceding this day will be subject to the settlement date schedule listed below. The purpose of this schedule is to provide uniformity since, while the NASDAQ System and other securities markets will be
I am aware of the risks associated with this investment and I intend to continue generating significant returns using it. Stop trying to push the little guys out everytime they get on the right side of a trade. Have some dignity, you're better than that. Yours Truly, -Matthew R. Kuennen
I am AGAINST passage of FINRA’s Regulatory Notice 22-08 taking effect. I trade indexed ETF's over short time horizons, am aware of, and am satisfied with the risk acceptance protocol followed by the service providers. I DO NOT WANT ACCESS TO COMPLEX PRODUCTS RESTRICTED.
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
Comments: Dear FINRA, I fully understand the composition and risks associated with complex leveraged funds. They are short term in nature and utilize complex derivatives, mostly swaps which may or may not be regulated by public markets. They are an excellent way of maximizing short-term returns when identifying a correct short-term trend in a particular market sector. After voicing concern many
Please leave leveraged funds alone and please don't require retail investor to jump through hoops in order to invest in leverage funds.
Those of us who invest in leverage funds understand the risks; in fact, it's why we sought them out in the first place. We are seeking higher risk in exchange for higher returns. It's really that simple. Leverage funds are really
It poses a severe threat towards market fairness. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
