INFORMATIONAL
Series 55 — Equity Trader Examination
SUGGESTED ROUTING
KEY TOPICS
Executive Representatives
Legal & Compliance
Registration
Senior Management
Trading & Market Making
Training
Equity Trader
Proprietary Trading
Series 55 Examination
Executive Summary
&
The purpose of this Election Notice is to announce the nominees for the District Committees and the District Nominating Committees.1
The individuals identified in this Notice have been nominated for the District Committees and District Nominating Committees, for terms beginning in June 2008. The term of office for District Committee members is three years, unless an individual was selected to
Margin Requirements for Exempted Securities Mutual Funds and Exempted Securities ETFs
Unless otherwise indicated, suspensions will begin with the opening of business on Monday, May 20, 1996. The information relating to matters contained in this section is current as of May 5, 1996. Information received subsequent to May 5, 1996 is not reflected in this section.
Firm Expelled, Individuals Sanctioned
Devon Resources Financial Corporation (Tulsa, Oklahoma), Catherine W. Yox (
Dear Sir/Madam: I am an active investor and trade in global capital markets. In my view leveraged and inverse mutual funds and ETFs are extremely important investment vehicles available to investors today. Such ETFs that provide leveraged and inverse exposure to various markets give prudent investors the ability to hedge risk in their portfolios and potentially achieve better results. So FINRA
SUGGESTED ROUTING
Senior ManagementCorporate FinanceLegal & ComplianceOperationsSyndicate
Executive Summary
The NASD requests comment on proposed amendments to the Free-Riding and Withholding Interpretation under Article III, Section 1 of the Rules of Fair Practice. These amendments would change a number of the Interpretation's provisions. The complete text of the
To FINRA,
As a professional in the investment industry, I strongly feel the disclosures regarding investment performance and risk are well communicated and transparent regarding leveraged ETFs. It is very simple to understand those products that have 2x or 3x leveraged being specified as DAILY performance.
To limit the ability to invest in those products or to remove them completely would create
Inverted ETFs are the #1 way that allows retail investors the ability to protect their portfolio against the declines in the general stock market or within industries. Once again, taking a tool away that actually gives the little guy an even stage with the big players. Then you wonder why you have situations like meme investing... Leveraged ETFs allow me to take protective positions without
I resent the thought that I cannot choose for myself what investment products work best for me. And I find it insulting, manipulative and corrupt that only those with privilege (high net worth investors) would be allowed to use these trading vehicles. I use these types of vehicles to hedge positions as well as to take advantage of down movements, since I can not use options in my IRA account. I
To Whom it May Concern,
I have been an active investor for several years, and invest in 3x Leveraged ETFs (both long and inverse), and they have been a very important part of my strategy, although I am not a 'high net worth' investor. Without these, I'd have to have 3 times the capital to get the exposure I need in order to succeed.
I know these products are important
