Interpretations are marked in blue background beneath the rule text to which they relate.
I believe leveraged and inverse funds play an important role and provide a desired product in the marketplace. I rely on these funds to enhance my returns in a diversified manner. I have been investing for over 30 years managing my own portfolio. I believe that I am capable of understanding the risks associated with leveraged and inverse funds, and I can judge to what extent I want, and can,
TO: All NASD Members and Level 2 and Level 3 Subscribers
An additional 12 securities will join the 728 already designated to trade in the NASDAQ National Market System on Tuesday, February 7, 1984. These securities have met the mandatory NMS designation requirements which include an average trading volume of 600,000 shares a month and a minimum bid price of $10 on the last five business
As a trader of leveraged Funds I find them only as a short term trade to enhance portfolios. I find that they also are much less risky than many stocks on the market such as : OTC stocks , many Biotech stocks , also high flying stocks such as those in the ARK fund. These are just some examples of stocks that may be more dangerous to hold. Look at options those are what are dangerous. Some of
Regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, hence why theyre called public investments, not just the privileged. I am well aware of the risks of trading in the stock market and am more than capable of assessing the risk to reward ratio of using my own hard earned money to provide a
FINRA Rule 4230(a) requires clearing firms for which FINRA is the designated examining authority pursuant to SEA Rule 17d-1 to submit requests for extensions of time as contemplated by Regulation T of the Board of Governors of the Federal Reserve System (Regulation T) and SEA Rule 15c3-3(n) to FINRA for approval.
Dear FINRA,
I oppose restrictions on my rights to invest in public investments. As an investor I should have variety in choices of investments and not be limited by regulators or have to pass a test to be able to invest in a security. I understand leveraged and inverse funds and have been trading them since last year. Again, the leveraged and inverse funds help diversify my portfolio. Please
I strongly disagree with the attempt by FINRA to prevent or restrict investors from trading in leveraged and inverse funds. ProShare Advisors offers a variety of these types of funds which are critical in the management of my portfolio. We are perfectly capable of understanding these funds and the risks they may have. And, they are the best way to hedge a portfolio from certain events. We do not
Dear Sirs,
I understand there is regulation under consideration by FINRA that will limit my access to electronic traded funds (ETFs) that invests in leveraged and inverse instruments. I oppose these restrictions. I think it is my right and my decision to invest in these instruments. Currently my brokerages warn me about investing in leveraged funds and I accept the risk that it entails. I
It is inconceivable that the government is even considering the possibility of regulating when and how consumers make decisions on their purchases and/or investments. The moment you decide to run our lives is the moment we turn into a command economy. I was born in the Soviet Union, and the idea that government can run any aspect of our lives is a chilling one. Hello, 1984!
PS: Please look
