Comments: I am so angry that I am beside myself! So let me get this straight. My Federal Government over stimulated the US Economy to buy votes with poor folks and is determined to double down with "Build Back Better" but they do not want me to say NO! or sell SHORT! In that they are wrong, and I could make a lot of money on their stupidity. Credentials: 1. Florida State University
This spring I have been buying Puts on the TLT which is a triple leveraged product on the 20 year treasuries. I have also been buying out right the TBT which is the triple leveraged inverse of the 20 year treasuries. After watching my balances rise I started tracking the increase in my stock portfolio. On 4/9/2022 my balance was $57,497.57 on 4/15/2022 it was $59,457.61 on 4/22/2022 it was $59
I am a client associate at Merrill Lynch (soon to be registered client associate after passing my Series 7 and 66) and I recently passed the SIE. I fully understand the mechanisms behind leveraged/inverse products. Limiting the accessibility of these products is not in an individuals best interest because they should be allowed to make their own risk/reward judgements. 25% of my portfolio is
Comments: inverse ETFs: investors with small accounts and limited knowledge or no access to options have no way to hedge their position without inverse ETFs. Putting small retail at that kind of disadvantage exposes them to more risk and potential losses. It forces them into trying to time getting out of the market, and/or taking gains in the short term bracket instead of holding and hedging and
Comments: My broker already gives proper warning and reviews request to access these types of trades. Retail, new, and small investors are already at a disadvantage in todays market that allows high net worth entities access to trading outside regular market hours and through AI driven trades that give them a leg up when new information is presented to the public. Adding more restrictions or
Please do not restrict my rights and ability to invest in the stock market and stocks, exchange traded funds, currency funds etc. It seems that the regulators want to push out smaller investors like me. I am just an average person trying to build a portfolio only to provide funds for a decent, low to middle income retirement. Since banks pay next to to nothing in interest, what other way is there
It is imperative that America maintains a free and open market for investments of all types. Regulations are to insure fairness in the market, not a strangle hold on freedom of choice. It is important for FINRA to publish articles and guidance to those people interested in investing in certain public securities. Education is the fundamental job of government outlining the risks and rewards of
Banning retail investors from trading certain instruments is like like throwing an abuse victim in jail to protect them from their abuser. The only reason that this instrument performed so poorly over the last 2 years was the excess liquidity in the markets, and the pump and dump scams often indoctrinated into CNBC viewers. Over the year or so, we’ve witnessed the collapse of Melvin Capital,
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
All investing or trading is an educated guess, it is all still making a bet on what stock, commodity or the market will do. If we were in Las Vegas it would be educated gambling. I have personally had JDST, JNUG, DUST and NUGT in my portfolio. I and others I know trade these types of investments, some doing it as day traders for at least the last 5 years. When the next recession hits, it would be
