Dear FINRA. I am an individual investor writing to ask that you not regulate, restrict, or in any way make more complex the task of investing in leveraged or inverse funds. The markets are a two way street. It is important to be able to manage one's money on both the long and short side. Beware unintended consequences of your decisions. Restricting individual investors from carefully
Naked shorts are illegal. They have always found a way around all the SEC regulations and rules. Dark pools, sending stocks to OTC and other countries so the sec cant keep track. letting a human report is always going to lead to lies and illegal activities. the fines are chump change for them. Jail, losing the right to trade. They are children, and like children, you can tell them 15 times not to
Revision to Net Capital Treatment of Clearing Agreement Penalty Clauses
In the Regulatory Short Takes section of the Spring 2000 Regulatory & Compliance Alert, Volume 14-1, NASD indicated that all or a portion of the amount specified in a clearing agreement as a termination fee would be treated as a charge to the introducing firm's net capital. The Question and Answer included in
ACTION REQUESTED BY OCTOBER 29, 1999
Comment Period Expires October 29, 1999
Salesperson Compensation Practices
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Guidance on Special Purpose Acquisition Companies
Summary
FINRA has adopted amendments to its rules to clarify the application of FINRA rules to security-based swaps (SBS):1
FINRA has adopted a new Rule 0180 (Application of Rules to Security-Based Swaps), which, along with conforming amendments to Rule 9610 (Procedures for Exemptions—Application), will become effective February 6, 2022. The new rule replaces the expiring temporary Rule 0180
FINRA,
I strongly appose proposed restrictions on inverse and leveraged Exchange Traded Funds. I have used both of these to very effectively hedge long fixed income and equity positions over short exposure periods. Removing access to these funds will force me into the listed options market to construct similar hedges that more complicated, expensive, entail more basis risk and require more
Dear FINRA- I am opposed to any regulation which doesn't allow me access to the same investment vehicles as the powerful, rich and well-healed of this planet. It comes to my attention that your organization is considering regulations which may prohibit or restrict me from investing with ProShares ETFs like the UltrraPro short fund. I have been investing my own money and receiving
The concept of efficient markets is a joke and short selling of any sort should be illegal. I have no faith in FINRA, DTCC, SEC, etc. Any further participation in the US market on my end will be through directly registered securities outside the DTC. Self-regulating organizations are non-regulated organizations. The SEC/DTCC/FINRA should have zero links to market makers, banks, and hedge-funds,
Please do not do this. You may believe youre helping the average investor but youre in fact harming them. This action would take away yet another investment/trading option available to the commoner. The wealthy have a multitude of investments options available to them that lower networth people simply cannot access. Leveraged funds specifically allow the clean utilization of highly technical
