SUGGESTED ROUTING*
Senior ManagementLegal & ComplianceOperationsSystemsTrading
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
As previously reported in Notice To Members 88-104, the NASD, beginning February 12, 1989, will require its members to respond to requests for trading data using an automated format. The format is consistent
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.
FINRA Requests Comment on Proposed FINRA Rule Regarding Front Running of Block Transactions
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.
While politicians get rich off the market and their insider trading this is not the time to restrict us American citizens from being able to work with leveraged and inverse funds. I am a big boy and should be able to choose the public investments that are right for me and my family.
I disagree with proposed rule. Leverage is a good thing. The issue is with over leverage. Everyone with proper literature and clear english text should be allowed to buy and sell security of their choice. Define which educated or a person who has passed a test shown skills in trading.
The regulations being considered are discriminatory. As Capitalist it is essential to have the freedom to purchase the specific assets or investment vehicles on the open market that work best for yourself or family. As Sophisticated investors this is not robinhood or gambling. WE UNDERSTAND THE RISKS and have years of experience trading in the markets. [REDACTED]
I have been trading leveraged ETF's for years as part of my investment strategy in my savings and retirement accounts. I don't think we should have to pass a test ton continue to do this or any government agency should limit our right to do this.
SUGGESTED ROUTING*
Corporate Finance
Government Securities
Internal Audit
Legal & Compliance
Municipal
Mutual Fund
Operations
Registration
Research
Syndicate
Systems
Trading
Training
*These are suggested
