Funds tracking non-traditional indexes can provide investors with an expanded set of investment opportunities beyond those offered by traditional indexes. But they can also create additional complexities and risks to consider.
<p>A member that is an investment adviser may pay a non-member certain fees and not violate Rule 2420 if the fees paid to the non-member (a) strictly follow the requirements of Rule 206(4)-3 under the Investment Adviser's Act of 1940; and (b) are paid from fees and other income that the member has received in its capacity as an investment advisor.</p>
I believe it is up to each individual to perform their own due diligence before investing in a stock, etf, etn or mutual fund.
Leveraged and inverse funds offer opportunities to those that handle their own investments, burdensome rules and regulations will serve to limit access by the independent investors.
This is a grossly unfair proposal. All investors should be given the same opportunities to invest. The regulator has now right to give the rich and Wall Street crowd special investment opportunities that middle class investors dont have. Such rules contribute to more economic inequality.
2019 and First Quarter of 2020 Report Filing Due Dates: Annual Audit; FOCUS; Form Custody; Supplemental Statement of Income (SSOI); Supplemental Schedule for Derivatives and Other Off-Balance Sheet Items (OBS); and Supplemental Inventory Schedule (SIS)
I understand the benefits and risks of investing in both leveraged and inverse funds. I make my own investment decisions. These funds are public securities. Regulators should not establish any rules or procedures that would inhibit my ability to invest in leveraged or inverse funds. Thank you.
I'd like to voice my concern about the potential to restrict investing access to leveraged and inverse funds. These products help investors protect their portfolio and the risks are understood. Changing the rules now when portfolios need protection the most is careless, reckless, and risky for investors.
I use leveraged and inverse funds routinely and have done very well, so long as I hedge leveraged stock funds with leveraged bond funds. Having back-tested rules to guide the balancing is key. Please do not interfere with my attempts to improve my model.
Having worked in the Financial World for 28 years - what i have learned is that we tend to make rules to benefit us and rich. There are times when the average person can invest and play in the real world. Please let people compete, education is the key not over-regulation
It is entirely inappropriate to limit public access to trading L&amp;I funds. The idea that the public needs protection from these complex products reveals only FINRAs ignorance as to the general intelligence and sophistication of the public. FINRA ought to propose a rule to limit the limits it is allowed to put on the public.
