Comments:I have traded L&I ETFs in the past. My broker's website asked me to first declare intentions for my account that were consistent with L&I products (short term and actively monitored.) I feel this was more than sufficient to dissuade any uninformed investor that didn't know what they were getting into. I don't want to be "protected" from these
Restrictions on who can trade leveraged funds is not a good solution. Retail investors deserve to have the same access to the markets as professional investors. Personally, I made alot of money in 2021 and lost most of it in 2022 in leveraged trading...and , while nobody wants to lose money, I am completely ok with it because I got to choose when to buy and when to sell... it's freedom
Comments: I oppose any further rule-making to limit access to so-called "complex products" (e.g. leveraged / inverse funds or ETFs). There are already plenty of warnings provided regarding the risky nature of these products. At my broker's website, for example, I receive a notification every time I attempt to purchase these products indicating their risky nature and
To whom it may concern:
I am appalled that FINRA would attempt to place additional roadblocks and restrictions on leveraged and inverse Exchange Traded Funds. These are very valuable tools that have enabled me to make money in almost any environment for several years. The ability to hedge nearly any market without selling something short is a tremendous advantage. Leverage is a very useful tool
This is a wildly inappropriate overreach by regulators.
I'm already unable to participate in IPOs that I would otherwise be very comfortable investing in because I'm not an "accredited investor." What happened to these "accredited investors" when they lost everyone's money in 2008? Did they go to jail? Did they lose their right to
SummaryThe national options exchanges are closing at 1:00 p.m. Eastern Time (ET) on Friday, November 24, 2023 (the Friday after Thanksgiving), which will modify the exercise cut-off time for expiring options. FINRA reminds firms that, pursuant to FINRA Rule 2360(b)(23)(A)(viii), if a national options exchange or The Options Clearing Corporation announces a modified time for the close of trading
Dear SEC: I am heavily invested in multiple crypto currencies because I have no confidence in the dollar, the U.S. Government and the regulatory agencies. The administration has orchestrated the prosecution of an avoidable and preventable war in the Ukraine which has married Russia to China on their economies and has resulted in a weakening of the dollar as the world's main trading currency
Comments: I believe limiting trading in leverage funds is unfair and wrong. I am more than capable of figuring out how leverage works and if I should be investing in leveraged instruments. If Im able to buy a lottery ticket or go gamble my money away at a casino I should [REDACTED] sure be able to bet it on a leverage stock market etf. Who are you to tell me how to spend my money?
I have already been blocked out of adding to my investments on certain crypto apps. Why are you preventing me from earning interest on assets that I purchase? you did the same thing when you shut down GameStop trading to cover your [REDACTED] because you had shorted the heck out of it, beyond any reasonable amount. Dont let your greed destroy you.
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