T+0 reporting of short interest. No using the options chain to push FTD's past the original settlement date. Restrict the use of dark pools to trades larger than %5 of the float. Generally enforce existing rules in good faith.
SEC Approval and Effective Date for New Consolidated FINRA Rules on the Transfer of Customer Accounts, Recommendations to Customers in OTC Equity Securities and Anti-Intimidation/Coordination
T-Evening on positions. T-2 makes no sense for the average joe that trades. Times have changed yet Finra has not adapted. All hedge funds should legally have to make their positions public, especially if a short position.
We deserved the freedom to use our own brain and mind to pickup the investments we want purchase. The tings your guys planning to do is similar to the scandal Robinhood did during the GME and AMC trade, please stop to do it if you still want to hold credibility for FINRA.
I have been trading leveraged etf's for 10 years or more. I have never lost money in them. I feel that they are safe for me as I am very careful how much I invest, usually no more than 20% but usually 10%. I need them in order to preserve my lifestyle in retirement.
I should be able to choose my own public investments and
not a disinterested party.
I have traded leveraged investments for over 10 years and understand the risk involved - and with today's volatile markets it enables me to better control potential wild market swings without risking a large amount of capital..
It would be detrimental for the investors to limit their access to leveraged funds. Most investors know the risk of these funds and brokerages are doing a good job of making sure that investors know the risk before they invest in these ETFs. Putting limitations on who can and cannot trade these funds would only help the few.
I am a small investor and have been investing and trading for more than 10 years. I have only recently been able to invest in crypto, but do not have a high net worth. There are many of us in this category. Please don't take away our ability to invest in new areas.
As an individual investor I consider
leveraged and inverse investment funds very useful to manage risk in my overall investment portfolio. They represent a minority but important percentage of my overall portfolio and are utilized to help offset and mitigate risk in my more Substantial longer term positions on a short term basis, avoiding disruptive transactions in my long term holdings.
I am
I oppose restrictions on the public's right to trade "complex" investments. I use leverage and inverse funds on a daily basis in my investment strategies. They are not hard for the average investor to understand. Adding red tape and complexity around these instruments is not in the investing public's best interests. I request that you reject these proposed rules.
